Mastering Product Complexity
Day 1 – Mastering Product Complexity
May 09, 2.30 – 6.00 p.m. CEST | 8.30 – 12.00 p.m. EDT
Economic uncertainty is leading many companies to press pause on digital transformation initiatives. For B2B manufacturers, pausing critical IT investments isn’t an option. To maintain a competitive edge, manufacturers must continue the course of modernizing and digitizing their products and processes, or risk being left behind.
Join us on Day 1 of the Summit to hear peers, colleagues and experts discuss the must-win battles B2B manufacturers need to focus on to sustain growth during economic slowdowns.
Learn how mastering product complexity creates a responsive organization capable of meeting the ever changing market dynamics. Presentations and discussions will demonstrate how transparency in the product configuration process supports increased product quality, faster sales and greater operational efficiency.
Get inspired by industry leaders from ABB, Emerson, Infosys, Jaguar Land Rover (JLR) and more.
Topics
Product Complexity
✓ Create transparency of your full product portfolio
✓ Get an overview of all valid variants
✓ Identify low- and no-runners
✓ Reduce time to market for new product innovations
Dynamic Requirements
✓ Steer demand away from products impacted by supply chain disruption
✓ Provide your end-customers with sustainable configuration options
✓ Ease implementation of new regulations impacting your products
Workforce Shortage
✓ Minimizing manual processes, errors, version iterations and duplication
✓ Scale configuration and product management capacity
✓ Reduce the number of Engineer-to-Order (ETO)
Meet the Speakers
Raghavendra K.A.
VP and Global Head of Core, IOT and Digital Product Engineering, Infosys
Henrik Reif Andersen
Chief Strategy Officer and Co-founder, Configit
Rajat Bhattacharya
Digital Commerce Leader, Electrification, ABB
Ted Doering
Chief Digital Officer, Emerson
Myla Romero
Director of Information Technology, PLM and Configurator Services, Emerson
Joy Batchelor
Technical Specialist, Product Configuration, Jaguar Land Rover (JLR)
Agenda
May 09, 2.30 – 6.00 p.m. CEST | 8.30 – 12.00 p.m. EDT
The Configuration Lifecycle Management (CLM) Virtual Summit brings together the people and companies that are redefining complex product configuration in manufacturing. Join us for an incredible virtual summit May 9, 10 & 11 and gain insights on how to tackle the biggest challenges facing the industry today.
Raghavendra K.A., Infosys
Keynote: The Future of B2B Manufacturers – How to Win the Digital Transformation Game
The beginning of this decade is influenced by immense economic uncertainty for B2B manufacturing industries. Be it the energy crisis, the pandemic or geo-political and supply chain instabilities, the common denominator is the challenge of successfully leading companies by setting priorities based on intelligent data-driven decision making and digitalized processes to stay competitive.
Digital transformation is still a top priority for B2B manufacturers, due in large part to changing buying behavior. Today’s B2B buyers expect to be able to customize products to their need. In order to get in control of this increasing product complexity, manufacturers need greater transparency across the value chain.To master this growing complexity in processes, products and services,companies need to operate cross-functionally based on a robust integrated end-to-end process. Formerly fragmented enterprise architectures need to be redesigned to break down data silos and enable a continuous digital thread of product and configuration data.
The key to a successful transformation therefore lies in the intelligent combination and use of all relevant business systems to establish a platform-driven, responsive organization that leverages intelligence capabilities for more data-driven decision making.
In this keynote, Raghavendra K.A., VP and Global Head of Core, IOT and Digital Product Engineering, Infosys, will cover important trends and factors influencing digital transformation.
He will specifically cover:
– Latest industry trends and challenges for B2B manufacturers
– How to approach Digital transformation?
– How Configit Ace CLM concepts is helping our customers
This keynote will carve out fields of actions and recommendations how management can respond best to the disruptive market dynamics of today and what it is important to implementing a true end-to-end process that will accelerate your digital transformation initiatives.
Henrik Reif Andersen, Configit
Moving From Process-driven to Data-driven: The Digital Transformation of Product Configuration
The only constant is change. And those manufacturers that are capable of responding swiftly to disruptive market requirements, be it pandemic challenges, supply chain gaps, sustainability needs or the current economic downturn – will maintain their competitive edge.
The key to success lies in a globally centralized, end-to-end data model ensuring consistent product configuration data across all functions involved in the product configuration process his integrated and seamless view on configuration data enables manufacturers to work from a data driven approach rather than from a rigid and uni-directional process-driven scenario.
In this presentation you will gain insight into the latest research on why and how manufacturers need to change their strategy to master product complexity based on Configuration Lifecycle Management (CLM) enabling data-driven product configuration. This approach provides a high level of transparency of product dependencies down to individual mechanical, electronic or software features – supporting better choices in the digital transformation journey with more reliable and profitable solutions.
Rajat Bhattacharya, ABB
How a Global Configuration Platform Helps Decrease Time to Market and Improve Sales Effectivity
With a complex internal supply chain, a distributed IT landscape containing multiple ERP systems, and different eCommerce channels keeping configuration rules and data in sync from the engineering and manufacturing units to the sales teams and customers around the world was very challenging for ABB Electrification division.
Multiple legacy configuration technologies in the engineering and manufacturing units made it difficult to build efficient, valid, and correct configurators in front-end organizations for sales. The result was unaligned workflows, time-consuming quotations and order processes, and too many costly errors.
Working with Configit’s CLM solutions, ABB now provides web-based, responsive sales configuration tools for its products and applications.
By establishing a global configuration platform from which they could build front-end configurators for local sales units in multiple countries, ABB experiences benefits including savings from reduced efforts related to BOM creation and BOM error corrections, increased productivity, less manual work, and increased expanded customer self-service.
Ted Doering, Emerson
Customer Keynote: The Art of the Possible – Why Emerson Chose CLM to Accelerate Their Digital Transformation
Architecting a digital transformation project for a company as large as Emerson required a radical shift in thinking. With business objectives including improving product portfolio management capabilities, decreasing costs of model maintenance and support while improving speed and performance, the Emerson team understood that a powerful, vendor agnostic end-to-end configurator would be a key enabler.
Hear from Ted Doering, Chief Digital Officer and Myla Romero, Director of Information Technology, PLM and Configurator Services at Emerson on how the Configit Ace® platform drove the decision to partner with Configit and why Configit Ace® has brought so much buzz and excitement to Emerson.
As a strategic element of Emerson’s digital transformation project, this next-gen configurator platform has removed the barriers and restrictions that hindered their growth, encouraging their internal stakeholders and customers to imagine new possibilities that were not previously possible.
Learn about Emerson’s:
– Previous business pain points
– Key successes and considerations
– Achieved and anticipated business benefits
Myla Romero, Emerson
Customer Keynote: The Art of the Possible – Why Emerson Chose CLM to Accelerate Their Digital Transformation
Architecting a digital transformation project for a company as large as Emerson required a radical shift in thinking. With business objectives including improving product portfolio management capabilities, decreasing costs of model maintenance and support while improving speed and performance, the Emerson team understood that a powerful, vendor agnostic end-to-end configurator would be a key enabler.
Hear from Ted Doering, Chief Digital Officer and Myla Romero, Director of Information Technology, PLM and Configurator Services at Emerson on how the Configit Ace® platform drove the decision to partner with Configit and why Configit Ace® has brought so much buzz and excitement to Emerson.
As a strategic element of Emerson’s digital transformation project, this next-gen configurator platform has removed the barriers and restrictions that hindered their growth, encouraging their internal stakeholders and customers to imagine new possibilities that were not previously possible.
Learn about Emerson’s:
– Previous business pain points
– Key successes and considerations
– Achieved and anticipated business benefits
Joy Batchelor, Jaguar Land Rover (JLR)
From Coordinated to Connected Data Management – Building Firm Foundations for Transformation
Using Configit Ace®, Jaguar Land Rover is moving to a world of data modeling where they can understand complex dependencies between features and the buildable combinations driven by these rules. The result is designing more intelligent and scalable data structures more suited to connected vehicle technologies with greater speed and accuracy.
Hear Joy Batchelor, Product Configuration Technical Specialist at Jaguar Land Rover reflect on the journey that JLR has been on over the past decade and to map out their aspirations for their next phase of transformation.