Although workers across the country are slowly returning to work, the nationwide battle against COVID-19 is long from over. Experts are predicting a second wave to hit later this year. So, it is essential workplaces do everything possible to minimize this outbreak.
The way we make drawings is different today than it was in the past. Changing markets, younger workforces, and reduced resources have forced companies to become more efficient to remain competitive. Coupled with increasing competition in global markets, rising costs of labor and material, and continuing reliance on legacy data, accuracy and speed are paramount to maintain a competitive position. This entails:
• Shorter design cycles
• Difficult to interpret drawings
• Disruptions with large impacts
• Increased waste costs
• Lack of 2D/3D associativity causing quality issues
Mold making is a highly competitive business. Often companies are competing for numerous bids with prices that align with profit margins. However, this is not always enough to win.
The delivery date can be a huge factor for winning bids. Not only must these predicted dates be timely, but they must also be accurate. Accurate quotes require significant efforts and despite all of the work, winning bids are still minimal.
Survey results indicate that only 52% of the jobs respondents quoted were won. Then, once the bid is won, challenges continue to multiply. Between poor part designs, bottlenecks, complexity, changes, and so on create obstacles that affect profitability.
The age of simulation driven design is here. Simulation is no longer just a performance validation tool. Instead, it is becoming an organic part of the development process throughout concept and design. Simulation is helping designers create better, more robust designs earlier in the development process, while also shortening the overall time it takes to release a design.
Ambitious and innovative companies today are using simulation to discover new concepts as well as using simulation as an integral part of the detailed design process to get to the right design more quickly and beat their competitors to market.