concurrent engineering

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Related to Product lifecycle management: Product life cycle

concurrent engineering

the term used to describe a group who are drawn from different disciplines to work on a problem within the firm. For example, a new product analysis concurrent engineering team may consist of a production engineer, cost accountant, marketing specialist etc. Thus, concurrent engineering can reduce product development time allowing the product to be brought to market more quickly and at a reduced cost. Typically also used as the basis for a team in VALUE ANALYSIS. See NEW PRODUCT DEVELOPMENT. See also MATRIX.
References in periodicals archive ?
- Cloud-Based Product Lifecycle Management (PLM) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
"Infor continues to invest in cutting-edge technologies that enhance the Product Lifecycle Management product suite for process manufacturers," said Balachandran Anantharama, Senior Vice President at ICCG.
Founded in 1990, Selerant is a global provider of processed-based product lifecycle management, product safety compliance software and consulting services within three core manufacturing segments: Food and Beverages, Personal Care/Pharmaceutical and Specialty Chemicals.
Browse Press Release Of Product Lifecycle Management Market http://www.transparencymarketresearch.com/pressrelease/product-lifecycle-management-market.htm
We have leveraged on our vast experience in Product Lifecycle Management (PLM) and in-depth domain knowledge to successfully reduce CVRDE's design and development cycle time, while also improving the quality of design output and minimizing efforts in Transfer of Technology (TOT) process.
The InterTech Component Tracking System makes this same functionality accessible to manufacturers of all types, such that the data archives for product lifecycle management systems and quality assurance are readily available." www.intertechdevelopment.com.
The PLM Optiva is a product lifecycle management (PLM) solution for process manufacturers and retailers with private label products.
Dassault Systems (DS) (Nasdaq:DASTY) (Paris:DSY), a supplier of 3D and product lifecycle management products, today (22 September) announced the latest version of Microsoft Virtual Earth - 3DVIA which allows users to easily and intuitively create their own 3D world on Virtual Earth in a few clicks.
The French PLM (product lifecycle management) and software company Dassault Systemes inaugurated its first office in Istanbul, Turkey.
Swedish IT company Addnode AB (OMX Stockholm: ANOD B) said on Wednesday (2 July) that its subsidiary Technia has received a contract for product lifecycle management (PLM) software and services contract from the Swedish nuclear power plant operator OKG AB.
According to this the significance of Product Lifecycle Management is increasing, especially for companies in the high technology industries like automotive, telecommunications, and other industries where the new product development and production planning process need to be faster.
Dassault Systemes one of the leaders in 3D and Product Lifecycle Management (PLM) solutions have announced that it has been named the global market share leader in computer-aided manufacturing (CAM) software revenue by the international technology research firm CIMdata.

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