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FOR RELEASE Wednesday, September 21, 2005
DETROIT– UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, will host the second global automotive supplier seminar in Detroit at the Townsend Hotel on Sept. 22. The Supplier Seminar Series showcases best practices in the automotive industry to help automotive suppliers improve product innovation and response time in working with Original Equipment Manufacturers (OEMs) around the globe. Attendees will see first hand how PLM can be implemented as a foundation to launch strategic corporate business initiatives.
“UGS works with many of today’s leading automotive suppliers and can point specifically to PLM as a foundation in helping them achieve many of their strategic initiatives related to product innovation and responsiveness to OEMs,” said Eric Sterling, vice president of Automotive Industry Marketing at UGS. “We are excited to present the Automotive Supplier Seminar Series across the globe as a way for companies to leverage UGS’ collective knowledge as a leader in PLM for the automotive industry.”
UGS is a leader in providing PLM solutions to the global automotive industry. Nine of the top 10 automotive OEMs with a collaborative development partner have standardized on UGS. To date, more than 155,000 seats of UGS® software are in use at the world’s top 25 automotive OEMs.
The automotive industry has high expectations and demanding requirements for its suppliers. To be successful, a supplier in today’s global automotive marketplace must:
· Manage an increasing number of programs while ensuring each one launches flawlessly.
· Manage change to ensure profitability on each program.
· Rapidly and accurately respond to changes.
· Integrate suppliers into the change process.
· Capture, protect and retain intellectual property for re-use in future programs.
The Automotive Supplier Seminar Series, which began in China on Aug. 11 and will be presented in the UK on Oct. 4-5 and in Germany in November, showcases five core business initiatives that many of today’s top automotive suppliers focus on to improve product innovation and response time to the automotive OEM’s. These five strategic initiatives include the following:
· Information Exchange & Synchronization
To effectively launch a vehicle program, automotive OEM’s and Suppliers must be able to share information and keep it synchronized across the entire supply chain. Doing this in a way that suppliers meet their customers’ compliance requirements and still maintain business process autonomy can give suppliers the ability to optimize their own product lifecycle process.
· Commonization & Re-use
Every time a part is reused, everything that was created that defines the part also gets reused – from design geometry to manufacturing process and production validation. Companies are also creating common products for the purpose of re-use, spreading the cost of development and tooling across a much broader number of programs.
· Strategic Sourcing
Strategic Sourcing brings product development and the supply base closer together so that procurement professionals can spend more time improving products and lowering costs through supply chain improvement.
· Change Management
Suppliers typically have very short timeframes in which to respond to their customers change-driven RFQ’s. Being able to respond quickly and accurately preserves program profitability. Being able to manage the change process ensures traceability during final negotiation of piece price cost.
· Knowledge-driven Engineering and Manufacturing
Harvesting knowledge, turning it into best practices and applying these best practices throughout the organization on potentially every program will drive out cost, improve quality and keep your companies knowledge from walking out the door with your employees.
For more information about UGS in the automotive market and the initiatives visit http://www.ugs.com/products/industry_solutions/?autos
For more information about the Global Automotive Supplier Seminar Series or to register visit https://www.ugs.com/forms/seminar_auto_supplier.shtml or call 800-498-5351.
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 customers worldwide. Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation.
Note: UGS and Transforming the process of innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.