How to reduce costs and increase market share through rationalization of the design process of products

Rationalization, design process, VDI 2221


Essai, 2009

9 Pages


Résumé ou Introduction

As the competitive environment rises and the life cycle of a product decreases in length it becomes more and more important to develop products cost efficiently. Products do not yield profit for as long as they used to. Therefore the costs spent have to match the achievable outcome. Moreover, the technology pace harbors the risk that a product that went trough a long development process might already be outdated when it is ready for market emerge. Today’s companies face the challenge to provide quality products that are up to date and yet at a low price. The money spent on development and production has to be distributed wisely. The rationalization of the design process helps through various approaches to reduce the costs and still remain the products quality. This paper will examine the approach of applying rationalization to the design process. It will outline the potential of reducing costs and gaining market share through faster market emerge.

Résumé des informations

Titre
How to reduce costs and increase market share through rationalization of the design process of products
Sous-titre
Rationalization, design process, VDI 2221
Université
Tsinghua University
Auteur
Année
2009
Pages
9
N° de catalogue
V152450
ISBN (ebook)
9783640655397
ISBN (Livre)
9783640656134
Taille d'un fichier
821 KB
Langue
anglais
Mots clés
Rationalization, Design process, VDI 2221
Citation du texte
Alexander Voets (Auteur), 2009, How to reduce costs and increase market share through rationalization of the design process of products, Munich, GRIN Verlag, https://www.grin.com/document/152450

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