Lean product development (LPD) is the application of lean principles to product development, aiming to develop new or improved products that are successful in the market. It is a crossfunctional activity that seeks to uncover product knowledge hidden within the end-to-end production flow, typically in the handover points between functional units. LPD deals with the complete process from gathering and generating ideas, through assessing potential success, to developing concepts, evaluating them to create a best concept, detailing the product, testing/ developing it and handing over to...
Lean product development (LPD) is the application of lean principles to product development, aiming to develop new or improved products that are succe...