SAE Update - October 2022 - 4

COmmEnTary
Digital standards are our future
millions of dollars when not corrected early enough
and can cause significant delays in development and
launch, introducing significant opportunity cost in
terms of lost revenues and market traction. Digital
standards offer the potential to seamlessly embed
critical technical information into product
development lifecycles, allowing the engineers and
leaders to focus on what matters most: getting to the
right product at the right time at the right cost.
DIGITAL V.S. TRADITIONAL STANDARDS
So, what makes a digital standard such a great tool?
The table on page 3 highlights some of the key
differences between a digital standard and traditional
approach.
With the time savings from using digital standards,
companies can achieve enormous benefits to ROI. By
reducing time spent searching for information,
eliminating rework due to data entry errors, and
reducing the number of necessary physical prototypes
through digitization, the savings add up. Mid-to largesize
companies can save up to $1.5 million in time
efficiency savings and cost savings. This includes the
following:
* Time savings to minimize/eliminate the parsing of
requirements from standards
* Time savings to search for relevant standards
* Eliminating time spent re-entering data to multiple
systems (speaks to re-use of digital requirements)
* Eliminating rework due to data entry errors
* Reducing time required to prepare for audits
* Reducing the number of physical prototypes
needed (assumimg digital requirements are used in
combination with MBSE models)
* Reducing need for/production of custom parts
The potential doesn't stop there, either.
4 October 2022
Choosing to standardize
rather than customize allows you
to search by dimensions,
composition, and materials
properties. This can reduce the
number of parts, time, and cost
that you're putting in through
the development process as you
prepare to go to market.
Digital standards systems also
have multiple integration
options. With a fully digital set of
requirements, your documents
can work with each other across
teams and eliminate some of the
built-up silos that can naturally
occur when working in a hybrid
or fully offline model.
As a neutral convener of
industry and the world's
authoritative source of advanced
engineering standards, you can
imagine how exciting this is for
SAE as we think of the enhanced
possibilities to work together
across mobility sectors.
It's past time to implement
digital solutions to modern
mobility problems. When we do
this, we all can collectively
advance mobility knowledge and
solutions for the benefit of
humanity.
And I, for one, can't wait to see
the exciting future enabled by
digital standards. n
UPDATE
SAE Update - October 2022

Table of Contents for the Digital Edition of SAE Update - October 2022
