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Viewpoints by Sean Klein
New Product Development and Lean Innovation
Cut Waste, Not Creativity
Lean concepts are great for manufacturing, but do they apply to the fuzzier practices of innovation and new product development? Portfolio management is the key to lean innovation, allowing companies to cut waste, not creativity.
Topics: Avjit Dugal, Lean, Nova, Nova for PPM, Nova Model, Nova PPM Model, NPD, Pamela Soin, Portfolio & Pipeline Management, Portfolio Management, Portfolio Management Consulting, Sean Klein
Advancements in Regulatory Compliance Capabilities for PLM Show Promise
Keeping in line with ever-changing regulatory initiatives such as RoHS, WEEE or (FDA) 21 CFR Part 820 can be a daunting task, particularly for manufacturers operating in multiple markets or with large numbers of product variants. Not only do regulations have the potential to derail a new product midway through development, but the consequences for non-compliance are often severe, ranging from hefty fines and brand deterioration to litigation and/or license revocation.
Topics: FDA 21 CFR Part 820, PLM, PLM Capabilities, PLM Software Capabilities, PLM Vivo, Product Development, Regulations, Regulatory Compliance, RoHS, WEEE