- February 26, 2016
- Andrea Stroud
- Member: FREE
Organizations are increasingly interested in making design-to-cost an integral part of their product development process. More than half of the organizations participating in APQC research on the topic use a design-to-cost approach in developing new products.
This research reveals several key points about design-to-cost:
- how organizations integrate design-to-cost into their product development process,
- how product and component cost targets are defined,
- the functional areas involved in the management of product and component costs, and
- how product targets are tracked and managed during the product life cycle.