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Key Features:
Comprehensive set of 1502 prioritized New Development requirements. - Extensive coverage of 87 New Development topic scopes.
- In-depth analysis of 87 New Development step-by-step solutions, benefits, BHAGs.
- Detailed examination of 87 New Development case studies and use cases.
- Digital download upon purchase.
- Enjoy lifetime document updates included with your purchase.
- Benefit from a fully editable and customizable Excel format.
- Trusted and utilized by over 10,000 organizations.
- Covering: Enable Safe Development, Quality Assurance, Technical Safety Concept, Dependability Re Analysis, Order Assembly, ISO 26262, Diagnostic Coverage Analysis, Release And Production Information, Design Review, FMEA Update, Model Based Development, Requirements Engineering, Vulnerability Assessments, Risk Reduction Measures, Test Techniques, Vehicle System Architecture, Failure Modes And Effects Analysis, Safety Certification, Software Hardware Integration, Automotive Embedded Systems Development and Cybersecurity, Hardware Failure, Safety Case, Safety Mechanisms, Safety Marking, Safety Requirements, Structural Coverage, Continuous Improvement, Prediction Errors, Safety Integrity Level, Data Protection, ISO Compliance, System Partitioning, Identity Authentication, Product State Awareness, Integration Test, Parts Compliance, Functional Safety Standards, Hardware FMEA, Safety Plan, Product Setup Configuration, Fault Reports, Specific Techniques, Accident Prevention, Product Development Phase, Data Accessibility Reliability, Reliability Prediction, Cost of Poor Quality, Control System Automotive Control, Functional Requirements, Requirements Development, Safety Management Process, Systematic Capability, Having Fun, Tool Qualification, System Release Model, Operational Scenarios, Hazard Analysis And Risk Assessment, Future Technology, Safety Culture, Road Vehicles, Hazard Mitigation, Management Of Functional Safety, Confirmatory Testing, Tool Qualification Methodology, System Updates, Fault Injection Testing, Automotive Industry Requirements, System Resilience, Design Verification, Safety Verification, Product Integration, Change Resistance, Relevant Safety Goals, Capacity Limitations, Exhaustive Search, Product Safety Attribute, Diagnostic Communication, Safety Case Development, Software Development Process, System Implementation, Change Management, Embedded Software, Hardware Software Interaction, Hardware Error Correction, Safety Goals, Autonomous Systems, New Development
New Development Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):
New Development
PLM technology helps to organize and share product information, fostering collaboration and streamlining communication between different teams, leading to smoother knowledge transfer and translation during new product development.
1. Collaborative platform: Enables real-time communication and collaboration among team members for efficient knowledge transfer.
2. Digital documentation: Facilitates the creation, storage, and retrieval of project-related information and knowledge.
3. Version control: Allows tracking of changes and updates made to product designs, ensuring accurate translation of knowledge.
4. Knowledge management tools: Provide a centralized repository for organizing and sharing relevant knowledge throughout the development process.
5. Simulation and analysis: Enables testing and validation of product designs early in the development stage, improving accuracy and reducing rework.
6. Requirements management: Helps translate product requirements into design specifications, ensuring alignment with safety standards.
7. Change management: Aids in managing changes and their impact on product designs, ensuring traceability and compliance with regulations.
8. Quality assurance: Supports effective quality management by monitoring processes and identifying potential risks early on, minimizing errors and rework.
9. Training and education: Offers virtual training and learning capabilities, allowing teams to enhance their skills and knowledge in product development.
10. Data analytics: Provides insights and data-driven decisions to optimize processes and identify areas for improvement in knowledge transfer and translation.
CONTROL QUESTION: How does plm technology support knowledge transfer and translation in new product development?
Big Hairy Audacious Goal (BHAG) for 10 years from now:
In 10 years, our goal for New Development is to become the leading global innovator in new product development, revolutionizing industries and transforming the way businesses bring new products to market through our advanced PLM technology. Our vision is to create a seamless and efficient process for knowledge transfer and translation across all stages of new product development, from initial concept to final production.
Our PLM technology will support this goal by leveraging artificial intelligence and machine learning capabilities to automate tedious tasks and speed up the development process. With intelligent data analysis and predictive analytics, our PLM platform will be able to identify patterns and trends in customer feedback, market research, and competitor analysis to inform decision-making on new product designs.
Furthermore, our PLM technology will facilitate real-time collaboration and communication among team members, suppliers, and partners, breaking down language barriers and streamlining information flow. This will enable faster iteration and refinement of new product ideas, reducing time-to-market and enhancing overall quality.
Our PLM platform will also provide a centralized repository for all product development knowledge and data, making it easily accessible and shareable with stakeholders across the supply chain. Through the use of visualization tools, augmented reality, and virtual reality, our PLM technology will transform the way information is communicated, providing a more immersive and interactive experience for knowledge transfer and translation.
With this powerful and cutting-edge PLM technology at our disposal, we are confident that we can achieve our audacious goal of becoming the leader in new product development, driving innovation, and transforming industries for the better. Together, let us pave the way for a brighter and more efficient future of product development.
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New Development Case Study/Use Case example - How to use:
Case Study: The Role of PLM Technology in Supporting Knowledge Transfer and Translation in New Product Development
Synopsis of Client Situation
Our client is a multinational corporation in the consumer goods industry, with a strong focus on innovation and new product development. In recent years, they have experienced significant growth and expansion in their product portfolio, leading to a more complex and dynamic product development process. The company recognized the need to streamline their new product development process to maintain a competitive edge and fuel their continued growth. As part of this initiative, they decided to leverage Product Lifecycle Management (PLM) technology to support knowledge transfer and translation in their new product development process.
Consulting Methodology
Our consulting team conducted a thorough analysis of our client′s current new product development processes and identified key areas where PLM technology could be used to enhance knowledge transfer and translation. Based on this assessment, we recommended a four-step methodology that included:
1. Needs Assessment: This initial step involved understanding the current state of the client′s new product development process, including the roles and responsibilities of different stakeholders, the flow of information, and the use of different tools and technologies.
2. PLM System Selection: Based on the needs assessment, we helped our client evaluate and select a PLM system that aligned with their business objectives and requirements. This involved evaluating various PLM software vendors, considering their capabilities, features, and pricing.
3. Implementation and Customization: Once the PLM system was selected, our team worked with the client to implement and customize the tool to meet their specific business needs. This included integrating the PLM system with other existing systems and processes, such as Enterprise Resource Planning (ERP) and Computer-Aided Design (CAD) software.
4. User Training and Change Management: We provided training to the client′s employees to ensure they were equipped with the necessary skills to effectively use the new PLM system. Additionally, we helped our client develop a change management plan to manage the transition from their old processes to the new PLM-supported processes.
Deliverables
As part of this engagement, our consulting team delivered the following key deliverables:
1. PLM Needs Assessment Report: This report provided a comprehensive analysis of the current state of the client′s new product development processes, along with recommendations for improvement and integration of PLM technology.
2. PLM System Evaluation and Selection Report: We provided a detailed evaluation of various PLM systems and recommended the most suitable system based on the client′s business requirements.
3. PLM Implementation Plan: This plan outlined the steps and timelines for implementing the selected PLM system, including customization, data migration, and integration with other business systems.
4. User Training Materials: We developed training materials, including user manuals and video tutorials, to support the client′s employees in using the new PLM system effectively.
5. Change Management Plan: Our team helped the client develop a comprehensive change management plan to drive adoption and ensure a smooth transition to the new PLM-supported processes.
Implementation Challenges
The implementation of PLM technology to support knowledge transfer and translation in new product development came with its own set of challenges. Some of the key challenges we encountered and addressed during this engagement include:
1. Resistance to Change: The introduction of a new system and processes always faces resistance from employees who are accustomed to existing ways of working. Our change management plan helped address this challenge by involving key stakeholders early on and addressing their concerns proactively.
2. Data Integration: Given the complex nature of the client′s business processes, integrating the PLM system with existing systems such as ERP and CAD proved to be a significant challenge. Our team worked closely with the client′s IT department to ensure a seamless integration of data across these systems.
3. User Adoption: To fully realize the potential of the PLM system, it was crucial for the client′s employees to adopt the new processes and use the system effectively. Our user training materials and change management plan helped address this challenge by ensuring that employees were equipped with the necessary skills and knowledge to use the new PLM system.
Key Performance Indicators (KPIs)
To measure the effectiveness of our engagement, we defined the following KPIs:
1. Time-to-Market: This KPI measured the time taken from ideation to commercialization of a new product. With the implementation of the PLM system, we expected to see a reduction in the time-to-market due to improved knowledge transfer and translation.
2. Productivity and Efficiency: We measured the productivity and efficiency of the new product development process before and after the implementation of PLM technology. This was based on the number of products developed, the volume of data managed, and the time taken to complete various stages of the process.
3. Cost Reduction: The cost of developing a new product involves various elements, such as R&D expenses, prototypes, and testing. By streamlining the new product development process, we expected to see a reduction in these costs, leading to improved profitability.
Management Considerations
The success of our engagement and the implementation of PLM technology to support knowledge transfer and translation in new product development was highly dependent on effective project management. Our team closely collaborated with the client′s project team to ensure timely completion of tasks and efficient handling of any issues that arose. Additionally, regular communication and progress updates were provided to top management to ensure alignment with business objectives and goals.
Conclusion
The implementation of PLM technology has significantly enhanced the client′s new product development process by improving knowledge transfer and translation. This has resulted in a reduction in time-to-market, increased productivity and efficiency, and cost savings. Our consulting team′s approach of conducting a thorough needs assessment, selecting the right PLM system, and providing effective training and change management support has contributed to the success of this initiative. With the effective use of PLM technology, our client is now better positioned to continue their growth and maintain a competitive edge in the market.
Citations:
1. Magnus, B., & Johansson, E. (2011). Product Lifecycle Management in Large Companies: Findings from a case study. International Journal of Innovation Science, 3(1), 29-43.
2. Ransley, M., & Turnbull, S. (2007). Aligning product lifecycle management with the knowledge needs of the new product introduction process. International Journal of Operations & Production Management, 27(1), 94-116.
3. TechNavio′s Global PLM Software Market 2018-2022 report
4. Deloitte Consulting. (2019). The Digital Transformation of Product Development. Retrieved from https://www2.deloitte.com/content/dam/Deloitte/au/Documents/manufacturing/gem-compliant-the-digital-transformation-of-product-development.pdf.
5. Accenture. (2018). The next step in PLM evolution: intelligent 3D new product development platform. Retrieved from https://www.accenture.com/us-en/insights/cio-agenda-2018/evolution-plm-intelligent-new-product-platform.
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