Virtual Product Development (VPD) The Stage Gate Product Development Process was

Question

Virtual Product Development (VPD)

The Stage Gate Product Development Process was developed during the 1980’s by Dr. Cooper. Many functional societies, highly innovative management consultants and individual company driven initiatives have improved that process. The need to better predict the success and failure of the product development cycle has accelerated the advancement and use of new development and manufacturing technologies.

Virtual Product Development was slow to evolve but it is now accelerating the pace at which we design, develop and manufacture new products. Write a short essay describing how you believe VPD will impact the future of the stage gate process.   Use examples of commercially available products to highlight your statements where possible.  

Explanation / Answer

Virtual Product development,VPD, is a result of constant efforts in a direction to overcome the limitations of conventional testing procedures.VPD allows a designer to take important design decisions at early stages based on test results, giving control over cost of production. in VPD a " vitual team" exists where two or more people engaged with each other with the help of technologies to achieve the desired common goals.Finally, “virtual
communities” are larger entities of distributed work in which members participate via the Internet, guided by
common purposes, roles and norms.

In today's fast pacing world where the sun never sets VPD palys a major role in automobile industry sector where there is a constant pressure to meet the demand of the customer without hampering the quality.In the European automotive industry have shown that enhanced communication and collaboration between geographically distributed engineers at automotive manufacturer and supplier sites make them get benefits are better quality, reduced costs and a reduction in the time-to-market (between 20% to 50%) for a new product vehicle. New product development (NPD) requires the collaboration of new product team members both within and outside of the firm.In addition, the pressure of globalization competition companies face increased pressures to build critical mass, reach new markets, and plug skill gaps , NPD efforts are increasingly being pursued across multiple nations through all forms of organizational arrangements.

Companies like MICROSOFT engages its developer community with its new product development process (Channel Nine and its myriad bloggers are examples). It is important for a company like Microsoft to not only develop products that are well received by OEMs and final consumers, but also those companies which will design products that work with the Microsoft product suite. Having a strong developer community will extend the utility of the Microsoft platform.

Nokia also engage with the other small scale industries like CISCO and JUNIPER in order to have control and command in developing a new product and make a firm position in the competitive market as well.

Related Questions

Navigate

• Browse (All)
• Browse V
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.