Concurrent Engineering Is
Concurrent is a method used in product development. It is different than the traditional product development approach in that it employs simultaneous, rather than sequential, processes. By completing tasks in parallel, product development can be accomplished more efficiently and at a substantial cost savings.
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Concurrent Engineering Business Example
Download finale 2014 user manual. Concurrent Engineering is a long term business strategy, with long term benefits to business. Though initial implementation can be challenging, the competitive advantage means it is beneficial in the long term. It removes the need to have multiple design reworks, by creating an environment for designing a product right the first time round. Concurrent Engineering (CE) is a systematic approach to integrated product development that emphasizes the response to customer expectations. It embodies team values of co-operation, trust and sharing in such a manner that decision making is by consensus, involving all perspectives in parallel, from the beginning of the product life cycle.