The overall objective of this chapter is to give the reader a sense of the importance of the design stage of the product. It is at this stage of product development that costs are built in or eliminated from the product. Therefore it is crucial that purchasing and major players in the supply chain are involved in this process.
Vignette: An Opportunity at Elite Electronics?
- What might be some advantages of being first to market?
- What might be some advantages of following someone else to the marketplace?
Early supply management and supplier involvement
What are some benefits of getting supply management involved early in the
R & D stages of product development?
What happens when designers fail to consider the suppliers capabilities?