Benefits
Product standardization is a technique in engineering design that aim to reduce the number of different parts within a product. The benefits are:
- lower supply chain costs
- product platforms
- faster product design
The supply chain costs are simple to reason:
- less variety of supplier, less supplier in numbers
- less stock keeping units (SKU)
- more economics of scale
- less variety of production operations
Product platforms are enabled through:
- standardized parts can be re-utilized across a product family
- standardized parts can be re-utilized across product generations
The product design process becomes faster because:
- standaridzed parts can be pulled from an engineering database
- already standardized parts do not need to be designed again
Read more about this topic: Design To Standards
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