Lean Product Development

Lean product development might mean different things to different organizations, but let’s start with the 5 principles of lean manufacturing and see how it can be applied to the product development process. Manufacturing Value Stream 1. Specify value 2. Identify the…

In my last article the high level goal of lean product development was established as follows: Develop products that maximize customer value and minimize product cost,  in the least amount of time, and at the least amount of product development cost. Let’s…

In my previous article, we established some high-level objectives for lean product development as follows: These might be considered “enterprise” level objectives…some or all of the objectives might be part of a product development organizational strategy depending on it’s size or…

In my previous article we established the lean product development goal statement as: Develop products that maximize customer value and minimize product cost, in the least amount of time, and at the least amount of product development cost. We then derived high-level objectives…