Accelerated Product Development: Combining Lean and Six Sigma for Peak Performance presents the union of Lean and Six Sigma with product development. The strategy enables companies to reduce product development time, reduce product cost, and improve product quality. By reducing the product development process time, companies are able to introduceq a continual stream of new products to the market. Companies will realize a competitive advantage by providing new products quicker and more cost effective than the competition.
Fiore presents an application strategy to maximize value to the customer and leverage supply chain capabilities while improving product quality and reducing product costs. The book is organized into five parts to provide a roadmap for implementing the strategy:
Part One: The Product Development Value Proposition
Part Two: Launching Lean Product Development
Part Three: Stabilizing the Product Development Process
Part Four: Streamlining the Product Development Process
Part Five: Quality in the Product Development Process
The first part, The Product Development Value Proposition, discusses the opportunity and potential in the product development process. Key lean concepts and their relation to product development are also introduced. In the second part, Launching Lean Product Development, presents an approach for assessing the company’s current situation and developing an improvement plan. Stabilizing the Product Development Process introduces the foundational elements for process improvement. In the fourth part, Streamlining the Product Development Process, concepts are presented to reduce development cycle time, reduce product cost, and integrate the supply chain. In the final part, Quality in the Product Development Process, the focus is on understanding and utilizing process capability to improve quality.
Throughout the book, Fiore supports the strategies using case studies and examples that illustrate the concepts. The book is very easy to read and understand. The organization of the book with the five main parts and the presentation of the strategy flow together well This makes the understanding the of the methodology and concepts easy to follow.