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Lean Product Design Approach Reduce the Product cost, Speed-to-market and Increase Productivity

Lean Product Design Approach Reduce the Product cost, Speed-to-market and Increase Productivity

Abstract

Lean product design  approach  can take you from slow-andsteady to quick-and-agile. Each  approach addresses a different aspect of the product development process: the harvesting of initial customer inputs, the planning of a development project, resource allocation and prioritization, time and workflow management, and several practical techniques for improved organization, communication, and  execution.One of the best ways to achieve "excellence in product  design” is to focus on the elimination of non-value-added waste in both the process of development and in the design of the product. Techniques such as Just-in-Time (JIT) materials management, pull systems, and batch-size reduction have enabled firms worldwide to achieve unprecedented production efficiencies. Unfortunately, a lean factory can only manufacture what it is given; if a "fat" product is handed off to the factory, all the lean manufacturing in the world won't get all of the waste out. This is where the methods of lean product design take center stage. Therefore, slashing costs, increase productivity & time-to-market is a great place to begin journey toward Lean product design excellence.

Excerpts from the Paper
The basic problem with traditional product development processes is that most of the cost is locked in long before production launch. For example, complex designs cannot be “Leaned out” in production and being too  slow to market can severely impact product profitability. Products that do not reach out to customers in terms of price, performance and benefits do not sell well. In short, designs that arrive at the factory late, with poor production yields, major manufacturing problems, and unresolved engineering problems, undermine the benefits of Lean manufacturing. 

Lean product design approach  focus on the elimination of nonvalue-added waste in both the process of development and in the design of the product that lead certainly reduce development leadtime, product cost and Increase productivity.

 

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