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This report details the relationships between a team’s ability to meet cost targets, the type of BoM management system they used, and their satisfaction with that system. • Only 17% of design teams classify themselves as exceptional at meeting cost targets. • There was a statistically significant relationship between what type of BoM management system was employed by a team and their ability to meet cost targets. Top performing teams were 5X more likely to rely on Cloud-Based BoM Management systems than Poor Performers. This report was written to help product development professionals benchmark their product cost performance. It also aims to help teams who are failing to meet their goals identify system level factors that may be at the root of their difficulties. |
