CIMdata favorably reviews the Accenture solution to manage product complexity. Accenture’s framework consists of tools and processes in support of existing and, more importantly, planned products.
Clients typically see reductions in portfolio complexity ranging from 20 percent to 40 percent, according to Accenture. The benefits include reduction of operating expenses by 10 percent to 20 percent while accelerating time to market.
Managing design complexity can deliver reductions ranging from 6 percent to 10 percent in product cost, which derive from parts rationalization, improving design modularity, and through value analysis and value engineering. Commercial savings come from the application of strategic sourcing, supply-chain rationalization and demand management.
In addition to the cost savings, complexity management improves predictability of product-launch dates, reduces program overruns and product developments costs, and enhances quality through streamlined processes.
In addition, it enables more rational product strategy and portfolio decisions, thereby providing time for greater focus on product innovation.
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