{"id":17967,"date":"2024-07-08T20:25:05","date_gmt":"2024-07-09T00:25:05","guid":{"rendered":"https:\/\/blogs.sw.siemens.com\/teamcenter\/?p=17967"},"modified":"2026-03-26T09:00:59","modified_gmt":"2026-03-26T13:00:59","slug":"reuse-classification-teamcenter","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/teamcenter\/reuse-classification-teamcenter\/","title":{"rendered":"\ud83d\ude80 Ready to benefit from strategic reuse?"},"content":{"rendered":"\n

Classification value proposition – part 1<\/h2>\n\n\n\n
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In today\u2019s rapidly evolving global markets, high-value product innovations are often swiftly replicated by competitors worldwide. <\/p>\n\n\n\n

Manufacturers across various industries strive to accelerate their rate of innovation, but many face significant challenges:<\/p>\n\n\n\n

\ud83d\udeab Unnecessary duplication and wasted effort<\/strong> – at every stage of the product lifecycle<\/p>\n\n\n\n

\ud83c\udf10 Difficulties in establishing and integrating resilient supply-chain networks<\/strong> of global suppliers and strategic partners, which must be agile, adaptable, and capable of adjusting practices and data management strategies<\/p>\n\n\n\n

\ud83d\udcdc Struggles to meet regulatory requirements and keep up with changes<\/p>\n\n\n\n

Organizations that successfully overcome these challenges are more likely to manage data effectively, gain a competitive edge, and build stronger relationships with regulators and customers<\/p>\n\n\n\n

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Insights from Aberdeen Group study<\/h2>\n\n\n\n

A study of various industry segments for business processes has shown:<\/p>\n\n\n\n

\ud83d\udd52 80% reduction in design time for new product designs that heavily rely on reuse<\/p>\n\n\n\n

\ud83d\udd04 30-40% of manufacturers’ parts are duplicates or have acceptable substitutes<\/p>\n\n\n\n

\ud83d\udcb2 The annual carrying cost for each new part ranges from $4,500 to $23,000<\/p>\n\n\n\n

\ud83d\udcca A part reuse strategy, including classification with advanced search tools, significantly reduces part redundancy<\/p>\n\n\n\n

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The need for classification<\/h2>\n\n\n\n

Organizations often resist change, but a robust reuse system, driven from the top, maximizes the reuse of a company\u2019s product data\u2014standard parts, technology data, designs, processes, manufacturing equipment, etc. Increased reuse results in immediate benefits and eliminates redundant processes.<\/p>\n\n\n\n

\u2705 Tried and tested components and designs<\/strong> have predictable quality<\/p>\n\n\n\n

\ud83d\udd04 Redundant processes<\/strong> such as quality testing and establishing new supply chains are minimized<\/p>\n\n\n\n

\ud83d\udcc9 Reduced inventory<\/strong> and elimination of duplicates cut down recurring costs associated with carrying excess inventory<\/p>\n\n\n\n

\ud83d\udce6 Higher volumes with existing supply chains<\/strong> result in better costs<\/p>\n\n\n\n

\ud83d\ude80 Fosters product innovation<\/strong> and faster time to market<\/p>\n\n\n\n

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A sound reuse strategy<\/h2>\n\n\n\n

Organizations need to optimize every component and process across their product portfolio. A robust reuse strategy distinguishes between simple reuse and a common platform approach. <\/p>\n\n\n\n

Implementing this strategy requires careful planning, investment in classification technologies, and a commitment to changing traditional business practices.<\/p>\n\n\n\n

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Approach 1: standardization and reuse at the component level<\/strong><\/h3>\n\n\n\n