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You are here: Home / Articles / What is Lean Product Development (Part I)?

by Robert Allen Leave a Comment

What is Lean Product Development (Part I)?

What is Lean Product Development (Part I)?

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 value stream
3.Establish flow
4.Make value flow at the  pull of the customer
5.Continuously eliminate waste

 

The 5 principles of lean product development might look something like this:

Product Development Value Stream
1.Specify product value
2.Identify the product development value stream
3.Establish flow of valuable products (designs), while minimizing manufacturing cost
4.Minimize time to market
5.Eliminate waste in the product development and manufacturing processes

What makes this complicated is the product development process impacts product value, as well as the manufacturing process.  Therefore, our goal statement for a lean product development value stream can be summarized 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.

Now that we’ve applied the lean principles to product development, the next article will provide some easy-to-follow objectives and identify tools and methodologies which will help us achieve this goal.

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Filed Under: Articles, on Leadership & Career, Product Development and Process Improvement Tagged With: Lean Project Management, Product development

About Robert Allen

Robert Allen has over 25 years of professional experience in the areas of product development, process improvement and project management. Rob was a key contributor to numerous deployments of lean sigma and project management organizations, most notably with Honeywell and TE Connectivity. Included in Rob’s experience are multiple certifications and over 25 years of practice in the development, teaching, execution, and leadership of product lifecycle, lean product development, DFSS, lean six sigma, project management, systems engineering and supply chain.

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