Cross-Functional Involvement in Product and Component Cost Management

Published On:
April 1, 2016
Authored By:
APQC
Member Only Content:
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The involvement by functions from across an organization is necessary to effectively set product and component cost targets and design to them. APQC's research indicates that almost three-fifths of participating organizations agree that they always engage experts from different functions in cross-functional teams during the development process to ensure the best balance of cost, function, and quality.