We don't just provide lean product development - we give you LPD Plus!
Lean product development maximizes value from new products. We can help you adapt lean ideas to deliver faster time-to-market, lower costs, and greater capacity to deliver new products.
Typical client results:
- Time to market reductions of 30 - 50%.
- From 60 - 150% more products released per year.
- Product cost reductions of 20 - 40%.
A customized approach to lean product development can help deliver the results that are the most important to you.
The Plus: We are uniquely qualified to give you what you need most.
Unlike every other lean product development consultant in the market, Katherine doesn't push a model on you - whether it fits you or not.
Instead, she uses systematic problem-solving to understand where you are now, and where you want to be. Then she leverages her deep experience as a lean product development champion, real-world experience getting products to market, and transformational leadership skills to help you get there.
The Engagement Process
We work with you to define measurable objectives to deliver the business value that is most important to you. Once the objectives are defined, we will develop a proposal outlining the specific things that we will do to help you realize the value from our work together.
Example Business Objectives
These are a few of the objectives that we have helped our clients meet:
- Faster time to market for innovation
- Lower overall development time for the Xerxes Project by 18 months to deliver in three years instead of 4 - 5 years.
- Reduce the number of unnecessary design loopbacks in product development by 20% in the next year.
- Decrease the amount of time it takes to transition a new product into manufacturing by 4 months by reducing late design changes.
- Lower development costs
- Reduce tooling costs driven by unnecessary rework by 40%.
- Eliminate costs from post-production design changes by 70%.
- Reallocate testing resources to eliminate redundant testing.
- Increase development capacity
- Deliver six new products in the next cycle with the same resources it took to deliver four this time.
- Manage increasing design complexity over the next three years with the same number of resources that we have today.
- Strengthen the knowledge sharing processes between our development partners and our engineering staff so that we leverage our relationships with co-development partnerships into three new products this year.
- Lower product costs and improve product quality
- Reduce product cost for the new generation of products over current estimates by 30%.
- Reduce the number of post-production defects and ECOs by 64%..
- Reduce the number of installation-related support calls by 80%.