It’s not just the development process that can see substantial improvements. Regardless of location, teams can easily collaborate throughout the entire product development process, ensuring they are all referencing the same data when making decisions. The digital thread supports increased communication with access to all relevant product data for everyone, all the time. Improved communication and collaboration helps to create better products faster. Utilizing a digital thread strategy creates numerous benefits for companies who gain improved communication across their teams and the entire supply chain. With insight into every aspect of the product lifecycle, organizations can make more informed decisions throughout product development. The ultimate goal of a digital thread strategy in manufacturing is to increase productivity and product quality while decreasing costs. The digital thread is an integrated view of everything about an asset or product throughout its lifecycle that enables improved communication and collaboration. One of the latest terms to emerge is “digital thread.” What is digital thread?Īccording to Tech Target, the digital thread is “a communication framework that connects traditionally siloed elements in manufacturing processes and provides an integrated view of an asset throughout the manufacturing lifecycle.” We define it more generally as an integrated view of everything about an asset or product throughout its lifecycle. From advanced robotics in manufacturing to smart connected products, these new technologies have generated a whole new vocabulary. The rapid evolution of technology over the past few years has thrust the entire world into a digital transformation.
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