Capacity Planning – Meaning, Classification and its Goals
February 12, 2025
Drugs have been a moral menace to many societies for many years. Right from the time, the British East India Company corrupted an entire Chinese generation to the modern world where this epidemic is destroying South American nations, the curse of drugs is causing mayhem. This has led many governments in the past as well […]
The term “private equity” evokes many emotional reactions. Many investors have made a lot of money thanks to the strategies being followed by private equity companies. However, many companies no longer exist because of these private equity funds. The investments being made by these funds is rapidly growing. Private equity funds have a lot of […]
Donald Trump has raised the issue of America’s crumbling infrastructure during his election campaign. He has periodically mentioned that American economy needs a bout of infrastructure spending. Estimates state that the infrastructure overhaul will cost the Trump government more than $1 trillion. However, the United States is already deeply in debt. Even though they have […]
Given the usefulness of the fishbone diagram, it is essential that every student of quality and six sigma know how to use it. To aid the students in learning, here is a step-by-step procedure of how a fishbone diagram must be drawn: Step 1 – List The Effect (Problem) to the Right: A fishbone diagram […]
Introduction: The Problem of Piracy No discussion on intellectual property rights (IPR) is complete without mentioning the problem of piracy around the world. Piracy is defined as the copying, stealing, reproducing, transmitting, and selling of the intellectual property (IP) of an individual without his or her express consent and written approval as well as without […]
Objective of any organization is to provide customer satisfaction by building product and services, which not only satisfy needs and want but also create value for them.
This requires product design based on the customer feedback and production process which not only minimizes cost but also provides a competitive advantage. However, most organizations tend to follow conventional production method and process.
However, in the global age of new technology and competition organization have to re-invent the way they cater to needs of customer, focus on specialization and customization is ever increasing. Given this scenario it is imperative for the organization to integrate technology and innovation within the framework of integrated product and process development.
Integrated product and process development combines the product design processes along with the process design process to create a new standard for producing competitive and high-quality products.
Integration of new technologies and methods provide a complete new dimension to product design process. This process starts with defining of the requirements of products based on the customer feedback while considering the design layout and other constraints. Once the finer details are finalized, they are fed into CAD models where extensive testing and modeling are done to get the best product.
With integration of production method and technology with product design, it is natural for integration of product design and process design. Therefore, integrated product and process development can be defined as a process starting from product idea to development of final product through modern technology and process management practices while minimizing cost and maximizing efficiency.
Organization stands to benefit greatly from the implementation of IPPD. Some of the advantages are as follows:
There are certain factors, which can vastly improve IPPD. These factors are as follows:
Customer is the focal point of IPPD. Therefore, constant feedback from them is essential for IPPD to be a success.
Therefore, IPPD is approach design to address all the concern of modern organization in the globalized world.
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