by Colin Mynott
The Institution of Engineering and Technology, 2012
eISBN: 978-1-84919-672-7 | Cloth: 978-1-84919-671-0
Library of Congress Classification HF5415.15.M96 2012
Dewey Decimal Classification 658.575

ABOUT THIS BOOK | TOC
ABOUT THIS BOOK
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.