What is a Concurrent Engineering Strategy?
Concurrent engineering is a product development strategy that focuses on collaboration between multiple teams and departments to create efficient and cost-effective designs. This strategy is used to streamline the design process and ensure that products are of the highest quality before they are released to the public. The concurrent engineering strategy template is designed to help product development teams create a plan to implement this strategy and optimize their processes.
What's included in this Concurrent Engineering Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Concurrent Engineering Strategy template for?
This template is designed for product development teams that want to create a comprehensive plan for implementing concurrent engineering. It is suitable for teams of any size, and can be customized to fit their specific needs. The template includes all the necessary steps to create a successful strategy, from defining focus areas to setting measurable targets and implementing related projects.
1. Define clear examples of your focus areas
The first step in creating a concurrent engineering strategy is to define your focus areas. These are the areas of your design process that you want to optimize. This could be anything from increasing cross-functional collaboration to improving the quality of your design. You should clearly define these areas so that you can set objectives, measure your progress, and implement related projects.
2. Think about the objectives that could fall under that focus area
Once you have defined your focus areas, you need to set objectives that will help you reach those goals. These objectives should be specific and achievable, and should be broken down into manageable initiatives. Examples of some objectives for the focus area of Increase Cross-Functional Collaboration could be: Increase communication and collaboration between teams, and Increase parallel design processes.
3. Set measurable targets (KPIs) to tackle the objective
Once you have set your objectives, you need to set measurable targets (KPIs) to track your progress. These targets should be specific and measurable, and should be realistic and achievable. For example, if your objective is to reduce design errors, you could set a target of reducing the number of design errors by a certain percentage or number.
4. Implement related projects to achieve the KPIs
Once you have set your objectives and measurable targets, you need to implement related projects to achieve those targets. These projects should be related to the objectives and focus areas you have defined, and should be broken down into smaller initiatives that can be completed in a reasonable amount of time. An example of a project related to Increase Cross-Functional Collaboration could be: Increase interaction between teams during product design discussions.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a strategy execution and management platform that can help you implement your strategy faster and more efficiently. Cascade offers a suite of features that allow you to track your progress, measure your success, and optimize your strategy for better results. With Cascade, you can quickly and easily create a comprehensive concurrent engineering strategy that will help you achieve your goals faster and more effectively.