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5 Critical Classification Requirements You Must Know

Posted by Richard Turner on Mar 21, 2018 12:30:00 PM

Taking the right approach to implementing a good classification structure will yield many benefits to your organization. However, if you don’t do the right up-front planning, you may end up with significant rework or your program may just stall or die.  There are some important steps to take early in the planning phases to help insure your program is a success providing critical benefits to your company. CDS will leverage its 15+ years of experience executing challenging classification programs across a variety of industries and companies to help you successfully plan and execute a new classification structure inside your organization.

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Topics: Classification, Data Cleansing

Convergence Data Partners with Siemens PLM Software

Posted by Richard Turner on Mar 15, 2018 1:00:00 PM
 

 

Convergence Data joins Siemens PLM Software Solution Partner Program as a Consulting and Systems Integrator Partner

 

Based in Orlando  CONVERGENCE DATA, the leading provider of parts classification services for product lifecycle management (PLM), computer-aided design (CAD), and engineering services worldwide, announced today that they have joined the Siemens PLM Software Solution Partner Program as a Consulting and Systems Integrator Partner. This agreement enables CONVERGENCE DATA to help implement Siemens PLM Software’s technology for its customers.

Siemens PLM Software is a leading global provider of PLM software and services. As part of the partnership, CONVERGENCE DATA is able to augment its current offerings with services for Siemens PLM Software’s Teamcenter® portfolio, the world’s most widely used digital lifecycle management software.

“CONVERGENCE DATA is excited to join Siemens PLM Software’s partner community,” said Richard Turner, President of CONVERGENCE DATA.  “Our partnership makes it much easier for companies deploying Siemens’ classification software to realize the benefits of sharing parts across businesses while enabling sourcing groups to better control inventory and direct material spend.”

“We are pleased that CONVERGENCE DATA has joined the Siemens Solution Partner Program as a Consulting and Systems Integrator Partner,” said Jon Thompson, director of business development, Global Sales and Services of Siemens PLM Software. “CONVERGENCE DATA PLM and enterprise consulting services provide our customers complementary solutions that add value to their PLM software investment.”

About CONVERGENCE DATA

CONVERGENCE DATA enables Siemens customers with parts classification in a variety of industries, including Aerospace and Defense, Appliances, Automotive, Electronics, Industrial Manufacturing, and Oilfield Services. For companies deploying Siemens classification, Convergence’s data modeling, data cleansing, and data enrichment services can be a significant benefit.

Legal note: Teamcenter is a trademark or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries.
 

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Topics: Teamcenter

2017 Top 5 Part Classification Blogs

Posted by Richard Turner on Dec 20, 2017 11:00:00 AM

 

Convergence Data knows the importance of your part data. We know that part data is a core asset for your company, and that the quality of that data is fundamental to the health of the business and the bottom line. Start the new year right with a review of the best ways to enrich your data in 2018. Below is a recap of our top five part classification blogs of 2017 ranked by our readers to help you stay on top of your company’s core assets in the new year.

 Top 5 Data Quality Blogs:

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PLM World: Indianapolis May 8-11th 2017

Posted by Alison Luna on Apr 19, 2017 11:12:44 AM

We are excited to be participating in PLM World again this year.  We will be presenting jointly with our customer National Oilwell at the conference – Transforming Part Data for Optimal Teamcenter Effectiveness at National Oilwell. Wednesday May 10, 2017 (10:15 AM - 11:00 AM) in Room 2016. If you can’t make the presentation, visit us at booth 506 during exhibit hall hours Tuesday-Thursday.

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Topics: Classification, PLM World, Teamcenter, Data Cleansing, National Oilwell Varco

3 Ways to Attack The #1 Cost Driver

Posted by Richard Turner on Feb 9, 2017 10:59:28 AM

When it comes to controlling costs in business we seldom use the obvious tactics, especially if the solution relies on cross-departmental efforts. It is always easier to control your own department’s costs from within than to gain consensus from other departments. As a result, we default to what we know best, standard department cost reductions. But does this really make the biggest impact for the company? 

One example is Direct Material Cost, the cost of raw materials and components used to create a product. It is the most significant cost in manufacturing and can represent 50% of revenue for manufacturing companies. Yet it is often ignored as an area of cost reduction, or worse each department will attempt to reduce this cost independent of the other groups resulting in marginal cost benefits and unsustainable solutions.

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Topics: Governance, Classification, Duplicate Parts, Manufacturer Parts, Part cost

3 Approaches to Complexity Reduction

Posted by Richard Turner on Jan 26, 2017 10:14:08 AM

Reducing complexity of your direct material supplier parts can help drive significant savings within your company. Similar to our recently published blog which described the importance of conducting internal price benchmarking activities as a prerequisite to competitive benchmarking on a company’s direct material purchases. In both scenarios it’s surprising what you find when you are able to cleanse and enrich your purchase part data,  it can expose a variety of opportunities to reduce direct material spend without having to make major changes to your products. To reduce the complexity, we recommend grouping your direct material spend into these 3 groups:

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Topics: Governance, Classification, Manufacturer Parts, Data Cleansing, Part Cleansing, Part cost, Benchmarking

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