Time-Compression Technologies Magazine Archive 2002 (and backfills for previous years)
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Author Joseph Kormos
Source Time Compression Technologies. v6 n5 June, 2001, pp 16-20
Abstract After years of rightsizing and reengineering in addition to placing a focus on efficiency in factory operations, manufacturing companies are looking for new core competencies that can provide differentiation and competitive advantage. Many are turning to their product development capabilities and trying to understand the answers to the following questions: 1. Are we improving our product development? 2. How does our product development capability compare to our leading competitor's? 3. In what areas can we achieve a competitive advantage in product development? 4. How can we accelerate our improvements in this area? This article summarizes a framework for exploring these questions and assessing product development maturity. It is based on integrated product development capability benchmarking studies, which were conducted on 14 successful manufacturing companies in 1997 and 1998. XX
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