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Wednesday, April 2, 2008
Second-Generation LEAN Product Development
Presenter: Don Reinertsen
Many early attempts to apply the principles of Lean Manufacturing in product development have already fallen short. Organizations threw away precious time doing value stream maps, waste walks, and lean simulations in return for modest improvements. Meanwhile, companies using more focused approaches are getting 5 to 10x improvement in key development activities. Lean looks very different in product development, and these differences are the key to capturing its benefits. In this presentation, Don Reinertsen will show you the practical methods like batch size reduction, queue management, and cadence can make a difference. Such methods are key to achieving large simultaneous improvements in speed, quality, and development cost
This presentation gave participants insights into how to:
- Learn where early attempts to use Lean Methods in product development went wrong
- Understand the critical role of queues and how they affect quality, efficiency, and cycle time
- Discover how to reduce the cost of variability without stifling innovation
- Uncover practical methods that make a difference and learn why they work
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About the Speaker
DON REINERTSEN, President of Reinertsen & Associates, is a leading authority on Lean Product Development. He has specialized in the management of product development process for over 25 years. Before forming his own firm, he consulted at McKinsey & Co. His contributions in the field of product development have been recognized internationally. He coined the term "Fuzzy Front End" in 1983 and began applying world class manufacturing techniques in product development in 1985. His latest book, Managing the Design Factory, is recognized as a powerful and thoughtful application of manufacturing thinking to product development. Don is also co-author of Developing Products in Half the Time. He holds a B.S. in Electrical Engineering from Cornell University and an M.B.A. with distinction from Harvard Business School.
About the Sponsor
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