CIMdata PLM Industry Summary Online Archive
27 October 2004
Implementation Investments
RuleStream Helps Grant Prideco Shorten Manufacturing Lead Times
RuleStream Corporation today announced that Grant Prideco (NYSE:GRP) is using the RuleStream solution to streamline the manufacturer's order fulfillment process, substantially reducing design and engineering times. Houston-based Grant Prideco is the world leader in drill stem technology development and drill pipe manufacturing, sales and service.
Grant Prideco turned to RuleStream to shorten manufacturing lead times by increasing the speed and accuracy of its quotation process, extending the company's design automation capabilities and improving the retention and reuse of product knowledge, all using an integrated software environment.
Grant Prideco sought out RuleStream after it determined its in-house product design and quoting software system- which needed to handle as much as 200 manufacturing orders per month- wasn't keeping pace with the company's needs.
By implementing RuleStream for its DrillPipe product, the results were almost immediate, with drawing time reduced from ten hours to just ten minutes. Pleased with the success of the implementation, Grant Prideco plans to expand the use of RuleStream to additional product lines, including drill collars and other drill stem accessories.
Ultimately Grant Prideco intends to use RuleStream to bridge their internal ERP system-MOVEX-with SolidWorks. The company's goal is to improve its product ordering system to allow automatic project options such as pipe length and diameter to be made available during the order process, as well as to be able to easily incorporate printed drawings and specification sheets with the orders.
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