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Aspect to focus on CSM in India

The company is the Indian arm of the US-based Aspect Development Inc and is positioning CSM as a strategic enterprise-wide solution for improving business processes in design and procurement.

CSM, or component and supplier management, is a relatively new concept in enterprise resource planning. Designers need easy access to information on the logistics of component source and pricing before they design a product.

According to Vijay Sampath, sales director, Aspect India, in nearly every manufacturing sector products consist of electrical and mechanical components, representing some 70 per cent of product cost.

To achieve a reduction in time to market, designers have to select hundreds of components in just a few weeks of a product design cycle. Similarly, procurement specialists buy these components from several suppliers without the time or information to buy from a consolidated source at a lower price.

Aspect's CSM solution seeks "to bridge this gap between design and procurement by providing a common repository for all technical and business information about components suppliers, designs and processes", he said.

This information includes parts, sub-systems, software modules and CAD libraries. The solutions are provided with an object-oriented software architecture on an RDBMS engine.

Aspect maintains and upgrades a database of over two million standard components from 700 leading suppliers worldwide.

- Compiled from the Indian media

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