Integrating Lean principles into PLM can significantly improve time to market, drive out R&D and product costs as well as improve product success rates. While not all aspects of Lean may apply to process manufacturers or private label brand owners, elimination of waste, reducing cycle and focusing on the customer principles should be integrated and used to actively manage processes and products.
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As part of a continual improvement or design for Six Sigma strategy, Lean can accelerate time to value and sustain improvements.
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