Future of Engineering

Sunday, March 23, 2008

Product Development Tends and Innovations - Steven Eppinger

Product-development planning remains crucial to organizations' survival and prosperity. Here we revisit some key trends in the process, based on a recent address from one of the world's leading experts in the field of engineered product development.

Massachusetts Institute of Technology Sloan School of Management Deputy Dean Steven Eppinger, whose textbook Product Design and Development is used by university students all over the world, recently identified and discussed with Eng-Tips.com what he sees as the top six trends and innovations in product development.

His list of trends, based on a transcript from the recent Eng-Tips.com interview:

1. Development Speed occurs more quickly through digital design, analysis and collaboration tools to get products to market faster.
2. Platform Flexibility results from using modular product architecture to provide more product variety to customers.
3. Complexity Management involves engineering complex systems through analysis of interaction networks.
4. Outsourcing and Offshoring permit optimizing supplier skills and capacity, international operations and new markets.
5. Lean Principles allow for improving product development’s efficiency by applying lean production ideas to the organization’s design process.
6. Customer Involvement becomes more easily achieved by using the Internet to bring customers’ ideas into the product design process.

Full details here

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