What are the most significant business challenges that Windchill PartsLink from PTC applications address today?
The world in which part and component suppliers exist is a competitive one. Not only is there fierce competition in the marketplace, but target customers largely see product offerings as commodities. The challenge for a supplier is to differentiate its organization and its product in order to achieve a “Design Win.” Achieving a design win means being in a position to secure a long-term revenue stream because studies show that 80% of parts and components originally designed into a product remain with that product into production. Windchill PartsLink plays a key role in helping suppliers differentiate themselves and achieve those important design wins.