New product development (NPD) is often driven by cost and schedule. In the electronics industry, being first to market with a new technology or product is crucial to its success, and enhanced speed to market is what differentiates world class companies from the rest.
In today’s high-tech world, we heavily depend on electronics for our health, safety, mobility and economic welfare. When they fail, the results can be as minor as consumer annoyance to as severe as loss of life. For these reasons, it’s necessary for all electronics manufacturers provide product warranty. A warranty, in its simplest form, means the manufacturer of the product guarantees that the product will function as expected without failure for a given period of time in a specified environment.
Improving Speed to Market by Integrating Design for Reliability (DfR) with Design for Six Sigma (DFSS)
In this dynamically changing world of electronics, speed to market is what separates world class organizations from the rest of the pack. Just a few years back it was acceptable to have a product development cycle time be 18-24 months. Today, it is not uncommon to see that time reduced to 3-6 months. As the demand for reduction of development cycle time intensifies, so too has the demand for higher reliability. How are world class organizations meeting this demand? By using tools of the trade such as Lean Six Sigma, Design for Six Sigma and Design for Reliability.