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Lean Product Development: A Manager's Guide

Lean Product Development: A Manager's Guide

Hardcover

Series: History and Management of Technology

Business GeneralManagementTechnology & Engineering

ISBN10: 1849196710
ISBN13: 9781849196710
Publisher: Institution Of Engineering & T
Published: Dec 20 2012
Pages: 256
Weight: 1.20
Height: 0.80 Width: 6.40 Depth: 9.40
Language: English

Lean product development (LPD) is the application of lean principles to product development, aiming to develop new or improved products that are successful in the market. It is a cross-functional activity that seeks to uncover product knowledge hidden within the end-to-end production flow, typically in the hand-over points between functional units. LPD deals with the complete process from gathering and generating ideas, through assessing potential success, to developing concepts, evaluating them to create a best concept, detailing the product, testing/developing it and handing over to the manufacture. LPD is performed against a background of continuously assessing and reducing risk of market failure.

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