To develop a product, new parts have to be created. However, sometimes new parts are created which could have been avoided because an existing part could have been used. Several studies have indicated that creating new parts is expensive, with...
The costs of new and duplicate parts are dispersed over multiple departments and across products’ lifecycles, so it is difficult to identify who should be responsible for preventing part proliferation.
A closer look at a product’s lifecycle and the...
Companies can leverage classification to reduce design costs. The scientific community regularly uses classification to understand relations among items, with the plant and animal...
