ECO process, or engineering change orders, can be one of the most time-consuming and costly processes of product development. You want to see product development progress from design to manufacturing and into operation with few changes, but unfortunately, this is a rare occurrence. Modern product development is a collaborative and iterative process, and ECOs are inevitable.
A more efficient ECO process can help your company in many ways — faster time to market, superior customer service, and better products to name just a few. Our research has shown, time and time again, that the most progressive companies have the least change orders per project.
Let’s talk about how product lifecycle management (PLM) software can help with a better approach to engineering change management and the ECO process.
To learn more about PLM for product development startup companies and manufacturers of all sizes, read Lifecycle Insights’ eBook, “The Product Development Dilemma: Five Strategies for Product Development Leaders to Satisfy Product Requirements and Meet Delivery Deadlines.“ You can also read the companion eBook, “Building Smart, Connected Products: Leading Manufacturers Reduce Product Development Challenges with These Key Technology Enablers.”
You can also check out my past blog posts: “Product Development Project Management with SaaS PLM” and “Product Requirements Management across Domains for the Product Lifecycle” and “Product Development Startup Secrets for Success.”
The concepts, ideas, and positions of the video, blog post, and eBooks have been developed independently by Industry Analyst Chad Jackson of Lifecycle Insights.