NovaQuest for the High Tech Industry

To be successful, products in High Tech must possess ‘cool’ design, showcase the latest technology inside and out, and be infallible. None of these traits are long lasting, so companies in High Tech must move swiftly to win the hearts and minds of new customers to capture market share. All of this requires a balance of speed, invention, and quality that necessitates clear and efficient processes among stakeholders and a system to closely track progress with guaranteed accuracy. High Tech companies have discovered that, to build tomorrow’s best products today, Product Lifecycle Management (PLM) is the best option. At NovaQuest, we’ve derived superior industry solutions by leveraging our unique combination of real-world industry experience and deep knowledge of PLM applications delivered by Dassault Systèmes (DS). NovaQuest is the first DS partner to offer new V6 PLM technology which combines the advanced collaborative business processes of ENOVIA, the knowledge-driven development of 3D in CATIA, and the lifelike experience of 3DVIA to help your company reach new levels of product and process innovation. Our solutions enable:
Advanced Design and Component Engineering improves decision-making during early part introduction that improves the overall design, sourcing and supply strategies of the resulting product content.
Product managers and engineers easily initiate, track, and monitor the progress of new part development within each new product line.	Key Capabilities: Part and assembly lifecycles automatically link the component status to change orders and project tasks to ensure all work is complete or on track Integrations with popular MCAD and ECAD systems consolidate part design and related technical document content into a single engineering bill of material Standardized and ad hoc cross-functional product development processes leverage skills and knowledge of the enterprise and supply chain Bill of material markups with visual cues clearly illustrate proposed changes and increase product understanding Solution Benefits: Reduce or eliminate excess and obsolete inventory write-offs by planning components upfront and communicating changes earlier Achieve greater price reductions through more organized supplier selection and larger volume purchases Elevate strategic suppliers by offering direct access to development details online directly from ENOVIA Reduce component tooling costs by minimizing late-stage design changes and incorporating supplier feedback throughout component design

Collaborative Product Launch unifies and shares complex program and project information among widely-dispersed teams to manage multiple product releases that meet market, customer and product launch criteria
Converge on standard business processes built to streamline business and optimize available resources.	Key Capabilities: Project phase/gate reviews and management dashboards provide insight on a project’s likelihood for success and lead managers to allocate funds appropriately Speed development and lower costs through easy, online access to the latest information Real-time utilization reports to determine availability of key skills across all strategic projects help managers optimize resource staffing Best-of-breed business processes via standardized project templates help organizations obtain predictable results A centralized ‘single version of the truth’ with document and access controls improves information quality and accessibility Solution Benefits: Accurate information accessible from an efficient online environment increases the opportunity for stakeholders to collaborate and innovate Improved project visibility and clear accountability lead to better to execution and mitigate the risks of launch Elimination of redundant data and searching for information reduces new product development efforts Optimum allocation of organizational and supply chain resources lower expenses incurred in development, tooling manufacture, and shipping charges

Collaborative Requirements Management integrates the ‘voice of the customer’ directly into product launch activities to apply greater development focus on customer acceptance, satisfaction, and loyalty
Product teams track requirements to guarantee orders are filled correctly and to avoid cost overruns due to late changes.	Key capabilities: Unifies product definition on a common platform to bridge the gaps among all disciplines between requirements, design and product launch Traceability between customer needs and end item component designs integrate product design with product definition to ensure right to market delivery An integrated change management process manages requirement changes to drive consistency and reduce costs Defines and derives requirements at each level of the system so no information is lost during the iterative engineering process Solution Benefits: Early-stage customer involvement and accurate documentation of design inputs reduces late-stage costs Uphold supplier and other stakeholder commitments with well-documented requirements agreed up front Linking key requirements to product features helps organizations better determine resulting value, cost, and differentiators Validate products for compliance to regulations and customer specifications more quickly with a more accurate audit trail

Strategic Sourcing Development builds and sustains a network of strategic innovation partner-suppliers working together to create products with a shared interest in long term success
Decision Making and Comparisons - Instantaneous access to the latest information displayed in real-time helps buyers make relevant comparisons and sound bid-award decisions.	Key capabilities: Repeatable and standardized direct material sourcing processes provide the latest design information to the supply chain and valuable supplier quotation input to engineering Enables component engineers to qualify and manage purchased parts from multiple suppliers on a local or global basis Increases re-use with part classification, part compare and comprehensive searching of all parts to reduce cost and development time Enhance partnerships by designing, implementing and tracking supplier performance plans and scorecards Solution Benefits: Repeatable and standardized direct material sourcing processes provide the latest design information to the supply chain and valuable supplier quotation input to engineering Embedded details of sourcing information enables component engineers to qualify and manage purchased parts from multiple suppliers on a local or global basis Easy parts classification, parts compare and comprehensive parts searching fosters reuse and reduces cost and development time Design, implement, and track supplier performance plans and scorecards to enhance supplier partnerships through better understanding of activities performed

Materials Compliance Management incorporates “design for compliance” functions into the early product design process to facilitate automatic compliance to regulations before production begins.
Request supplier material declarations - compliance engineers easily send material declaration requests to suppliers to monitor their progress.	Key capabilities: Supplier declaration approval and rejection processes utilize validation tools to expose reporting errors and deficiencies and improve data quality Material compliance dashboards expose compliance ratings by supplier, product, or component Store acceptance or rejection details of supplier material declarations for downstream review and trend analysis Configurable materials compliance forms allow companies to more readily respond to unique regional, industry-specific, or customer-specific compliance reporting requests Solution Benefits: Make early design and supplier selections based on best/worse case analysis using the supplier’s overall compliance ratings Improve sourcing and supplier collaboration by allowing users to mandate suppliers to disclose their material composition during the RFQ process Reduce cost impact of compliance by identifying and resolving “compliance” issues early in development process Reduce response time for customer environmental reporting requests
To request more information on these solutions, please contact a NovaQuest representative today!