A truly efficient product development and engineering process requires both strategic and operational vision. Yet achieving both today is extraordinarily difficult. Product development organizations are under constant pressure to generate more big ideas with the potential to be the next big market-makers, and to do so while accelerating time to market, increasing profitability, reducing costs, and navigating an ever-changing landscape of compliance regulations. Deloitte’s Product Development practice works with organizations to improve their product development related capabilities in order to improve product quality, reduce time-to-market, and drive increased return on their R&D investment. We can assist you with product and project portfolio management, new product development and change management processes, cross-functional development collaboration, organizational efficiency, product data management, and technology enablers.
Change is happening exponentially in multiple directions:
- Customer expect you to know them, to know what they want, when and how they want it, but they also expect you to respect their privacy
- Technology is offering thousands of new possibilities and challenges, ranging from Big data, to new material, to artificial intelligence, to additive manufacturing
- The Regulatory environment is becoming ever more complex. Customers expect transparent supply chains, knowing where you made the products, how you did it and what material you used in them
- New competitors are entering your industry. Hardware, software and service are merging
Our Product Development Offering partners with clients to dramatically improve product development related capabilities including product and project portfolio management, new product development and change management processes, cross-functional development collaboration, organizational efficiency, product data management, and technology enablers in order to improve product quality, reduce time-to-market, and drive increased return on their R&D investment.
We have experience and tools to help you across the totally journey, from Ideation, to proto-typing, to launch, sales and up-scaling; addressing the organization, the enablers and the processes.
Product Development Transformation Approach – A disciplined, phased approach starting with visioning and current state assessment, definition of future state, business case and roadmap development, future-state design, realization, final preparation and final deployment
DPLM – An “out-of-the-box” pre-configured solution for leading PLM applications, which leverages Deloitte’s deep experience in lean engineering-focused process design, technology enablement, organizational changes and program management
Engineering Efficiency Toolkit – Toolkit integrates tools such as product development capability maturity model, value stream analysis to assess process complexity, organizational handoffs, and information flow of core engineering process to evaluate the health of the engineering function
Capability Maturity Models – CMMs enable a rapid assessment of a clients’ maturity of core product development capabilities such as NPI and Stage-Gate execution, Innovation Strategy and Product Portfolio Management, among others