The strategic administration of production processes and personnel to maximize output, minimize errors and continually enhance product quality come under the general banner of "operations management." ...

Product launches are a crucial part of a company's goal to continually innovate within its industry. This involves careful planning because each new product reflects a considerable amount of capital ...

Manufacturers competing in the global reset economy are struggling with multiple challenges, including this triple-whammy: strategically differentiated products are more complex. At the same time, ...

For production departments, PLM systems are not merely simple document repositories; they must be deeply integrated into ...

Product development (“PD”) is a core competency for any product-oriented company, whether a Fortune 100 firm, a small engineering business, or a technology-based startup. Commercializing innovative ...

What is Product Design at Drexel University? Product design, also called industrial design, is a creative discipline concerned with the theory and design of physical products intended for manufacture ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...