Automobile component developer selects product lifecycle management solution to improve design and manufacturing response time
Westford, MA — May 3, 2004 — Dymos, a business group of Hyundai Motors Group, said today that it has selected collaborative product lifecycle management (PLM) solutions provider MatrixOne's Matrix10 environment to manage the design and development of its products.
Dymos develops and manufactures automobile parts for sale through original equipment manufacturers (OEM) Hyundai and Kia Motors, Ssangyong Motors, and Daewoo Motors worldwide. Its designs and manufactures transmissions and axles for commercial vehicles such as trucks and buses, reduction gearboxes applied for high-speed train and rail motors, and gearboxes for helicopters.
Dymos said it selected MatrixOne because of its flexibility, performance and ease of deployment. The company will use Matrix10 PLM to design its complete product lifecycle process to allow for faster design processes to meet specific client needs and to enable faster system configuration without expensive, time-consuming coding.
MatrixOne said its solution includes a full suite of PLM business process applications that cover a wide range of processes, including product planning, product development, product sourcing and program management.
The capabilities will help Dymos reduce product development time by giving them visibility across programs, according to MatrixOne, as well as improve response times to customers, enable a faster time-to-market, and allow engineers to focus on design and product quality instead of process management.
MatrixOne said that a successful PLM initiative should include the ability to interoperate with existing internal systems and applications, as well as those of global partners and suppliers. Therefore, Matrix10 also offers an adaptable PLM backbone with a range of integrations and technologies that enable data sharing across applications, tools and enterprises.
"Collaboration across the product lifecycle — internally and throughout the value chain — is the engine for growth and the key to success in the automotive industry," said N.S. Kim, managing director, Dymos. "With MatrixOne PLM solutions, Dymos will have a single, integrated view into all of its product lifecycle development. This gives us a significant competitive advantage, allowing us to deliver the superior products to customers on time and at lower cost."