Managing the product development process - (part II: case studies)

Article Abstract:

Several benefits have been identified with the use of stage/gate methodologies in new product development programs, although the use of a structured development process is not a guarantee of new product success. One such methodology is PACE (Product and Cycle-Time Excellence), which has been found to be an effective way of developing products that are superior and with fewer defects. Product development time is reduced, thus the product reaches the market earlier.

Methods, Production management, Cost benefit analysis, Product life cycle

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Managing the product development process - (part I: an assessment)

Article Abstract:

The management of the new product development process determines a company's success in introducing new products, which in turn determines the firms competitiveness. This process calls for the acquisition of technologies that fit the company's new product development plans. Managers can use QFD techniques to select the type of technology needed and employ a stage/gate methodology to control and influence the direction of new product development.

Analysis, Competition (Economics), Reports, Economic research

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