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Product category: Manufacturing conferences and exhibitions
News Release from: Cognition Europe
Edited by the Manufacturingtalk Editorial Team on 29 October 2004

Effective use of data at learning event

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Cognition's Melanie Smart is to make a keynote presentation highlighting how manufacturers can counter commercial pressures by managing product variant estimates and associated data more effectively.

A keynote presentation highlighting how manufacturers can counter intense commercial pressures by managing their product variant estimates and associated data more effectively will be delivered by Melanie Smart of Cognition Europe at the ACostE's learning event on 17th November at The Heritage Motor Museum in Gaydon Through the presentation, Ms Smart will focus on system methodologies employed and developed in the automotive and aerospace sectors, which enable organisations to consolidate, simulate, share and manage their cost knowledge databases

She will also demonstrate how different cost tools, models and legacy systems can be controlled through a common user interface, enabling corporate knowledge to be made available on-demand across functional boundaries.

This, in turn, enhances the accuracy and availability of cost data for both new products and variant derivatives, allowing companies to increase their competitiveness through improved 'make or buy' decisions and the close control of manufacturing and procurement costs.

According to Ms Smart: "Companies have never been under more pressure to drive down costs and take advantage of the global economy.

Nowhere is this pressure more acute than in the estimating and purchasing environments." "Effective management of information is the key to accurate and timely cost estimates," she argues.

"Through this presentation - which is supported by a free demonstration CD - delegates will be shown how to harness proven methodologies in order to gain a competitive edge, even in the toughest market conditions.".

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