Lean Product Development Management&Research Of Ingersoll Rand Asia Pacific R&D Center

Under global economic integration, more and more market competition. Obviously, it is a big challenge for the new product development, the successful product development or will not directly affect the company’s business. Over time, product sales and profitability will be changed in the market. Any products sell very well on the market today, one day will be pulling out of the market, and replaced by a better new products. Market competition force companies to continue to develop new products, especially in the modern market competition between enterprises, if want to keep the competitive advantage in the market, how to make the company quickly launch product to the market,it should reduce cycle time of new product development, reduce the manufacturing cost of the products.Base on above background research and analysis. According to the way of asking question, analyzing question, solving problem and the related theory in this paper.First of all, to elaborate the industry background, especially the company facing the current situation and severe challenges.On the basis of the research to raise the question, to elaborate the significance and value. Research and expound on the theory of development of management, lean product development and project management in this paper. Next, analyze the product development process and management status of Ingersoll Rand Asia Pacific R&D center and put forward the Ingersoll Rand Lean Product Development Management. Secondly, according to the theoretical model and existing product development and management, propose the product development system solutions for Ingersoll Rand Asia Pacific R&D center, design a lean product development management processes and systems for Ingersoll-Rand Company R&D Center, and explain the lean product development management process, factors, tools in detailed. Then, discuss the implementation ways and methods for new product development management. Train and execute this lean product development process, set standard process and specification documents in R&D center of Ingersoll rand. Finally, track the effect of the implementation of Lean product development and management, and continue to improve.The problem of Ingersoll Rand Asia Pacific R&D center is common problem in project management.How to establish an efficient, smooth product development management processes, improve the competitiveness of enterprises in the market, provides a good case and representation, the results should have significance.