Several things are thought to be correlated with product development. Some examples include Lean manufacturing, Just-in time manufacturing, work in process product flow, etc. (Carter, J., & Bradford, J., 2012; Reinertsen, D. , 2009) In the present paper the underlying principles of product development are investigated. It is hypothesized that in order to provide real results, quickly, an efficient product development process must be in place. Poor product development processes lead to inefficient…
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