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11R0341
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"Concurrent Engineering Supporting in Energetic Cables Manufacturability"
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Dragoslav P. Nikolic * , Faculty of Management Novi Sad, Serbia-Montenegro
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Dusan M. Ristic, Faculty of Management Novi Sad, Serbia-Montenegro
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Darko D. Nikolic , University of Connecticut, United States
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* = Corresponding author
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The transformation process within any business adds value and cost to the goods or service output from the system. Taking important steps to become agile is necessary to be a manufacturing contender and in the next decade, organizations must focus on moving information based on design vs. operations costs through the entire supply chain, assembly manufacture and final products distribution. Clearly, the objectives established for the operating system will have fairly substantial cost implications. Getting the design correct at the start of the development process will reduce downstream difficulties in the workflow. Concurrent engineering aims to reduce the number of redesigns, especially those resulting from post-design input from support groups. By involving these groups in the initial design, less iteration will be needed and the major items that do occur will occur before the design becomes final. The overall time taken to design and manufacture a new product can be substantially reduced if the two activities are carried out together rather than in series. The reductions in design cycle time that result from concurrent engineering invariably reduce total product cost. Therefore, companies use concurrent engineering to produce better quality products, developed in less time, at lower cost, that meets the customers' needs. Concurrent engineering provides benefits such as reduced product development time, reduced design work, reduced product development cost and improved communications. This work is intended to cause developers to consider all elements of product life cycle, from conception through final disposal, regarding how concurrent engineering does affect cost schedule through total life-cycle assessment.
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