Currently Browsing: Lean Product Development

Lean Product Development (LPD)

beaker

LPD is designed to accelerate the product development process by taking out the 9 wastes commonly found in PD and by changing the way the PD process works. It’s no longer as simple as “stages & gates”.

Lean Product Development (LPD) is the application of the 5 Lean Principles to Product Development Processes:

1. Define Value

2. Map the Flow of Value

3. Achieve Continuous Flow

4. Pull

5. Seek Perfection
(more…)