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NEW PRODUCT DEVELOPMENT THROUGH SUPPLIER INTEGRATION

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Encyclopedia of Production and Manufacturing Management

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In striving to reduce development time and increase new technology introduction into the market place, organizations are seeking to closely involve their material suppliers into the new product development cycle. In the past, organizations relied on developing detailed specifications, which were used as a basis for bids submitted by several suppliers. Although this technique is still utilized to some extent, a growing number of organizations are beginning to harness the intellectual capital, technology, and capabilities of suppliers through close interaction with them through new product and process design teams. Some of the resulting benefits...

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P. M. Swamidass

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© 2000 Kluwer Academic Publishers

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Handfield, R.B. (2000). NEW PRODUCT DEVELOPMENT THROUGH SUPPLIER INTEGRATION . In: Swamidass, P.M. (eds) Encyclopedia of Production and Manufacturing Management. Springer, Boston, MA . https://doi.org/10.1007/1-4020-0612-8_625

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  • DOI: https://doi.org/10.1007/1-4020-0612-8_625

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-0-7923-8630-8

  • Online ISBN: 978-1-4020-0612-8

  • eBook Packages: Springer Book Archive

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