Cross-Functional Involvement in Product and Component Cost Management

Published On:
April 01, 2016
Authored By:
APQC
Members-Only Content:

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.