Magazine Article: On-time "start of production" with digital approval management
The article by Bernd Löhle, CEO of material.one AG, in the Top Company Guide deals with the possibilities of shortening the time-to-market process with modern, efficient product development and release processes.
Product development process
Article Topics:
Harnessing the power of the digital network
Use Case: "Supply Chain Collaboration Platform" from material.one. The material.one business network pools the expertise of all stakeholders in the supply chain so that requirements and evidence of conformity can be exchanged securely and digitally between OEMs, Tier 1s, sub-suppliers in the supply chain and TIC providers.
Rethinking the approval process
The timely release of materials and purchased parts is crucial for a punctual production start and staying in budget. The digitalized processes allow results to be evaluated easier and automatically, making approvals and certifications faster thus accelerating the product development process.
Efficient data communication through the material.one network
Stakeholders have early access to approvals and other necessary information, which remains easily retrievable as an important "knowledge store" in the platform's digital archive.
Success through ease of use
The system offers an intuitive user interface that enables users without specialized IT knowledge to control and monitor complex processes.
A resilient network for the future
material.one offers a network that provides information and data and enables a continuous improvement process. This strengthens the resilience and sustainability of the supply chain.
Accelerate processes and reduce costs with material.one
Source: https://www.top-company-guide.com
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Learn more about material.one
With material.one all stakeholders can collaborate a standardized manner in a compliance conforming way based on the "need to know". As an industry cloud platform, material.one provides information on material and material sampling, percentage of recycled material, certificates as well as CO₂ footprint information.