Cloud computing delivers software applications and computing services from the internet (“the cloud”). Users access cloud-based services from a web browser to create, manage, and store files and other data securely.

Design for Manufacturing and Assembly (DFM&A) is a product development methodology focused on accelerating/streamlining manufacturing and assembly processes by simplifying the overall product design.

A digital factory is a virtual representation of a physical manufacturing facility that incorporates all aspects of production – including raw materials, machinery, production processes, labor, and manufacturing overhead. Digital factories enable manufacturers to simulate, analyze, and optimize new product designs for cost, sustainability, and design for manufacturing and assembly (DFM&A).

The digital thread is a cornerstone of digital transformation because it connects data and teams across multiple digital twins and other product design and manufacturing systems that are traditionally not connected.

A digital twin is a virtual representation (i.e., digital version) of a physical asset or process used to analyze and optimize product designs, manufacturing processes, factory efficiency, and other operations.

Embodied carbon is the total amount of greenhouse gas emissions (GHGs) generated during product design and production – including material extraction, product design attributes, production process, and the energy mix used to power production (e.g., the percentage of energy generated from coal, vs. renewable sources).

The manufacturing process provides a step-by-step blueprint to develop finished components, assemblies, or products. The discrete manufacturing process includes a bill of materials (BOM), along with the steps and requirements for production.

Manufacturing process models determine the most effective way to manufacture a product by simulating discrete manufacturing processes and routings based on criteria including materials and volume, and product goals including cost, sustainability, and manufacturability.

Product cost management software helps manufacturing companies accurately estimate and optimize the costs of producing new and existing products. It enhances cost efficiency throughout the product life cycle, streamlining development and improving time-to-market outcomes.

Product manufacturers use should cost analysis to calculate the “true” cost of a product or component. This is done by considering the most efficient methods, materials, product designs (DFM), and current costs for materials, manufacturing rates, and other cost drivers.

Supplier relationship management (SRM) is the process of maintaining a resilient supply chain by enlisting qualified vendors to help improve profitability, sustainability, performance, availability, and innovation.

Supply chain management (SCM) is the process of turning raw materials into finished products and delivering them to customers. SCM responsibilities span from sourcing materials and managing production to transportation and logistics.