CIMdata to Participate in a Webinar on Why Program Management is Ripe for Transformation

ANN ARBOR, Mich. - March 1, 2021 - PRLog -- CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces that Dr. Ken Versprille, Executive Consultant, will make a keynote presentation at a webinar entitled, "Why Program Management is Ripe for Transformation." The webinar will also include a discussion between Dave Opsahl, the CEO of Actify, and Ron Stephens, Vice President of ETCS. The webinar, sponsored by Actify, takes place on Thursday, 25 March, at 11:00 a.m. EDT.

Many tier-1 suppliers, especially those in the automotive sector, compete for program awards from the large OEMs to supply product components and subsystems. However, to win an award, the supplier must commit to a component price for potentially thousands of units long before the design and manufacture of the component. One misstep anywhere along its design, production tooling, and manufacturing path can result in crippling financial implications.

CIMdata believes that what these suppliers need is a focused, program management solution that supports their efforts in responding to requests for quotes (RFQs) from the OEMs and then oversees the program from the day of the awarded contract through product design and the start of production. The solution should empower the supplier's program management team with the historical knowledge of past programs and give them the needed information to exercise due diligence when preparing a bid.

Attendees at this webinar will:

• Learn about the challenges suppliers face in responding to OEM RFQs.
• Learn what to look for in a program-based manufacturing solution.
• Better understand how a proper program-based manufacturing solution benefits a company.
• Understand how a program-based manufacturing solution integrates with existing PLM solutions.

According to Dr. Versprille, "Suppliers are under an immense strain to compose bids on OEM RFQs all before the components are designed and manufactured. And then upon award to design and manufacture the needed components with quality."

Learn more and register at https://www.cimdata.com/en/events/event/620-webinar-why-program-management-is-ripe-for-transformation.