The restructuring process, which began in 2009, is expected to reduce manufacturing costs, increase efficiency, facilitate far more flexibility in labor requirements, and will also help reduce product development time by 30% that will enable the company to launch new models faster.
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Similar stories occur when entrepreneurs build products before validating markets: I frequently talk to entrepreneurs who have done no customer development before spending time and money on product development.
Also, 20% of 3D printing output is already producing final product with that percentage expected to increase as capabilities improve, reducing the money and time spent in product development as well.
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As Mr Streiff pointed out this week, Airbus must also catch up with Boeing in product development, cutting its lead-time for new aircraft from seven to five years.
These transactions and related strategic agreements will enable both companies to better align their current and future product development efforts and roadmaps, accelerate time-to-market for new products and position the companies to better address rapidly evolving opportunities in markets including, but not limited to, mobile computing, cloud computing and solid state storage.
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He has tripled spending on new-product development and is putting the brand on prime-time TV this fall for the first time in three years.
At Rubbermaid he has tripled spending on new-product development and is putting the brand on prime-time TV this fall for the first time in three years.
We had spent a considerable amount of time researching the development of an emerging or minority manager-of-managers product, including reviewing the registrations and compliance histories of approximately 100 emerging and minority money managers.
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