Manufacturing Industry
Construction project for the creative thinker: building out a PLM road map is foremost step in taking control of the product development and ideation process.(Product innovation)
Manufacturing Business Technology, July, 2005 by O; '; Marah, Kevin
The market capitalization of strong companies reflects growth expectations for new product opportunities that companies will seize in the future. Being able to explain where and how your company will grow depends on maintaining control over the new product development and launch (NPDL) process.
Getting a product life-cycle management (PLM) road map straight is the most important step. Here are some hard facts AMR has uncovered concerning product development and time-to-market: * Less than 60 percent of companies surveyed claim to have financial control over the NPDL process, while 45 percent claim strategic control, and fewer than one-third have both strategic and financial control. * Benchmark data on overall time-to-market finds about two...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
