- Faster Designs
- Lower lead times
- Improved sales and engineering coordination
- Accurate designs adhering to standards
- Knowledge retention
- Consistent designs
- Improved product quality
- Ease of use
- Lowly skilled manpower to handle design load
- Flexibility in manpower recruitment
- Avoids rejections on the shop floor
Typical benchmarks for evaluating benefits from Knowledge management:
- Reduction in design time by 60%
- Dependency on design department for proposals gone down by 50%
- Manpower cost saving by 40%