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Total product development time can be reduced up to 20%. |
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Total cost reduction due to standardization, reusability and faster delivery. |
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Re usability of drawings, documents and components can be increased more than 50%. |
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Engineering change management is easier, simpler and completely error free leading to fast decision making and less scrap. |
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Total productivity increase by around 20% |
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Competitive advantage in market due to cost control, surety on delivery commitments and control over engineering changes. |
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Concurrent Engineering can be put into practice through boundary less information exchange. |