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The Optimization Of New Product Development Based On Concurrent Engineering

Posted on:2019-07-29Degree:MasterType:Thesis
Country:ChinaCandidate:Y J WangFull Text:PDF
GTID:2429330545468276Subject:Business management
Abstract/Summary:PDF Full Text Request
New product development is one of the key stages necessary for companies to gain a competitive market position.With rapid globalization and the development of international markets,the demand for products has dramatically evolved.This places the development cycle for new products at the heart of company's strategy to ensuring a rapid response capability,competitiveness,and resilience to changes in the market.How to efficiently and effectively use modern management methods and technologies to plan the product development process to improve the speed of new product development,reduce development risks,and quickly gain a leading position have become an important challenges for enterprises that strive to increase development efficiency and enhance innovation.This paper outlines the main challenges in the development cycle for new products and how they can inhibit rapid and efficient development.This is combined with an analysis of the key concepts of concurrent engineering theory and economic demands and pressures.Based on the concurrent engineering concepts of integration and parallelization,a new market-oriented and focused product pre-design phase is put forward.Which will help to reduce product costs and shorten the product development cycle.A case study is presented to illustrate how parallel new product development process can be optimized new product development is proposed.This highlights the practical significance of concurrent engineering in product development and how it can give companies a competitive advantage.Combining parallel product development ideas into development process,reorganizing and optimizing the process,focusing on market orientation,and creating professional and responsible high-quality integrated project teams will help improve the efficiency and quality of new product development.The key role of people within the entire system is further highlighted,with an emphasis on incentives and performance assessment mechanisms for organizational management that can promote internal innovation and play an active role in the optimization of new product development.
Keywords/Search Tags:Concurrent Engineering, New Product Development, Innovation
PDF Full Text Request
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