With expert opinion generally espousing that between 50-75% of new products fail, a simple explanation is that these products have failed to add value to the customer.
By analysing your own product development processes and seeing how they rate against proven best practices used by world class companies, you can highlight any gaps or deficiencies and establish a "lean" process that eliminates non-value adding aspects and increase your chance of product success
Lean Product Development is about removing the waste from your product development processes, providing you with tools and concepts to ensure you can develop products quickly and they have the greatest chance of success in the marketplace
QMI Solutions is a not-for-profit organisation dedicated to helping industry on the journey to manufacturing excellence through research, education, and implementation of world class practices and technologies.
Recognised as Australia's premier 'technology diffusion agency', QMI Solutions has been improving the uptake of the latest practices and technologies by industry since 1993.