Affiliation:
1. Industrial and Systems Engineering Graduate Program (PPGEPS), Polytechnic School at Pontifical Catholic, University of Paraná — PUCPR, Curitiba, Brazil
Abstract
The search for competitive advantages in today’s industry necessitates a shift in the approach to developing economically, environmentally, and socially sustainable products. A critical aspect of this approach is evaluating a product’s functions and linking them to its manufacturability to reduce costs and achieve a more balanced design that aligns with customers’ perceived value and actual manufacturing costs. Despite this, there is a lack of significant research on methods that connect the various stages of the integrated product development process. This paper begins by conducting a comprehensive review and content analysis of recent research to identify the current state of research in this field. Next, it proposes a model that aims to strike a balance between the value of a product’s functions and the cost of implementing solutions throughout the product development process. To test the proposed model, it was applied to a real-world example from the consumer goods industry. The results demonstrate the relevance of the gathered information, the feasibility of the method, as well as its specificities, impacts, and limitations.
Publisher
World Scientific Pub Co Pte Ltd
Subject
Management of Technology and Innovation,Strategy and Management,General Engineering,Business and International Management