Cross-functional product development
The steadily increasing competitive pressure increases the demands on product development. Development projects often miss their target because they either cannot guarantee adherence to deadlines or exceed the budget.
In order to do justice to this, purchasing functions must be included from day 1. Hereby development-accompanying purchasing differs significantly from classic purchasing which focuses on product group strategies and optimal procurement conditions. The focus is rather on the accompanying joint product development together with development, sales, production, and quality.
Distribution of variance fields for development projects
The increasingly demanding goals of development projects require better networking.
- Project results: Reduction of development time (time-to-market) by up to 30%
- Increasing customer transparency
- Reduction of product costs through early involvement of suppliers of more than 10%
- Reduction of internal expenses by up to 20%