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Optimize New Product Development Process: Strategic Approaches for Efficiency

Learn effective strategies to streamline new product development projects by managing resources, reducing bottlenecks, and optimizing workflow. Discover how to enhance productivity and reduce variation in workload for better outcomes.

hakeem-campbell
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Optimize New Product Development Process: Strategic Approaches for Efficiency

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  1. Adler, P. S., A. Mandelbaum, V. Nguyen, & E. Schwerer, "Getting the most out of your product development process" • New product development (NPD) projects typically share resources and are often caught in queues. • Manage NPD like a job shop, i.e., understand utilization. 1. Reduce "bottleneck department's burden (e.g., shift duties to other departments, reduce # of projects, add resources). 2. Reduce variation in time to accomplish activities (identify best practice and reward following it). 3. Reduce variation in overall workload (limit # of projects, introduce a pull system). 4. Consider how urgent projects affect the flow.

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