International Journal of Production Economics. Nov2009, Vol. 122 Issue 1, p440-448. 9p.
MANAGEMENT science research, RAPID prototyping, PRODUCT management, NEW product development, INDUSTRIAL research, MARKET failure, and INNOVATION management
A newly introduced product or service becomes an innovation after it has been proven in the market. No one likes the fact that market failures of products and services are much more common than commercial successes. A data-driven approach to innovation is proposed. It is a natural extension of the system of customer requirements in terms of their number and type and the ways of collecting and processing them. The ideas introduced in this paper are applicable to the evaluation of the innovativeness of planned introductions of design changes and design of new products and services. In fact, blends of products and services could be the most promising way of bringing innovations to the market. The most important toll gates of innovation are the generation of new ideas and their evaluation. People have limited ability to generate and evaluate a large number of potential innovation alternatives. The proposed approach is intended to evaluate many alternatives from a market perspective. [Copyright &y& Elsevier]
International Journal of Production Economics. Aug2008, Vol. 114 Issue 2, p811-819. 9p.
RAPID prototyping, PRODUCT management, INDUSTRIAL research, NEW product development, INVENTORY control, BUSINESS logistics, INVENTORY management systems, and MANAGEMENT
Abstract: It is common sense that the premises usually considered in inventory models have little applicability to new product inventory management. This paper develops a first practical approach to deal with this issue: the solution to the (Q, r) inventory model for uniform demand forecasts and lead-times. Based on the fact that the uniform distribution is defined by two parameters that are easy to estimate—maximum and minimum—this paper shows that such a premise may comprise a helpful and accurate decision support tool for managers until they begin to learn about the distribution characteristics of the demand during the lead-time. [Copyright &y& Elsevier]
Ishii, Kazuyoshi, Ichimura, Takaya, and Mihara, Ichiro
International Journal of Production Economics. Nov2005, Vol. 98 Issue 2, p262-270. 9p.
COMMERCIAL products, RAPID prototyping, INDUSTRIAL research, and MANUFACTURING processes
Abstract: This paper deals with difficulties involved in analyzing and designing a management system to reduce the risk and improve the productivity of new product development. The model represents the processes of determining functional specifications for new product development based on a certain product strategy. The proposed model aims to analyze information behavior in the assessment of users’ needs based on the fusion concept. The new product development of a household electrical product in a Japanese company is analyzed using this model and method. [Copyright &y& Elsevier]
Standish, Richard, Jones, Roy, Sumpter, Chris, and Sharp, John
International Journal of Production Economics. 6/9/1994, Vol. 34 Issue 3, p347-357. 11p.
INDUSTRIAL costs, ELECTRONIC data interchange, RAPID prototyping, PRODUCT management, INDUSTRIAL research, and MASS production
The reduction of new product introduction lead-times and manufacturing costs is a key requirement of 1990's electronics manufacture. This paper reviews the current status of product data exchange, data transfer technology, the pressure for international data exchange standardisation, and ICL Manufacturing and Supply's activities to support electronic data transfer within computer hardware manufacture. [ABSTRACT FROM AUTHOR]
Matsui, Yoshiki, Filippini, Roberto, Kitanaka, Hideaki, and Sato, Osamu
International Journal of Production Economics. Oct2007, Vol. 110 Issue 1-2, p16-24. 9p.
NEW product development, INDUSTRIAL research, COMMERCIAL products, and RAPID prototyping
Abstract: Based on survey data from Italian and Japanese companies, six measurement scales are developed for practices, process, strategic guide, and capabilities for new product development as potential determinants of its financial performance, that is, attainment of profit goals and revenue goals. By employing a regression model with a country dummy variable, the differential determinants of financial goals attainment between Italian and Japanese samples are estimated. A significant difference can be found in the impact of new product development capabilities on profit goals attainment only. Then, we evaluate the level of improvement in explanatory power by dividing the pooled sample into two and enabling regression coefficients to take different values, and find no evidences of the significant improvement. Technology and marketing capabilities concerning new product development are demonstrated to be overwhelmingly important to financial performance. [Copyright &y& Elsevier]
The timely and rapid introduction of new products and manufacturing processes is becoming essential to organisations in the increasingly competitive marketplace in which they operate. Several studies of the innovation management process in organisations have recently been undertaken. These throw light on why some organisations innovate successfully and others do not. This paper reviews several of these approaches to illustrate current methods and trends in the management of the innovation process. [ABSTRACT FROM AUTHOR]