Benchmarks & Client Cases
Accelerated Product Development
The Challenge
Problem
• Technical difficulty: develop a new, cheaper, smaller and more efficient water heater
• Extremely long lead-time (28 months)
• Reduction in time-to-market essential to increase sales
Root Causes
• Planning lacking any specific details and includes only the major milestones
• Plan not visible and not known by all stakeholders
• Tasks planned with a lot of safety (buffer)
• Poor integration of functions and suppliers
The Results
The project resulted in a saving of 84 man-months and a vertical production and market start-up.
Time-to-market
The time-to-market for the product decreased by 25%
Development costs
Product development costs decreased by 24%
