New Product Development Time Reduction In Indian Bearing Industry By Concurrent Engineering Between Tool Design and Tool Manufacturing
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 2
Abstract
Bearings are essential components in mechanical systems involving relative motions. The purpose of using these mechanical devices is to minimize friction between rotating components. The industrialization has started with invention of the steam engine and currently the technology has advanced to the electrical devices. With the advancement in technologies, especially that of automobile industry, bearing design also needs to be changed to complement the new vehicle designs and new bearings need to be developed from the new designs. This entire process is quite time consuming but the same should be executed at a great pace to match the pace of changing market needs and wants. The critical issue is the excessive time being used for new product development. However, this issue can be addressed by adapting transition from sequential engineering to concurrent engineering at various stages of New Product Development; the article presents the concurrent tool design and development process in Indian bearing Industry. The study focused on Indian bearing industry to a transition from sequential to concurrent engineering (CE) and as a team based approach. The study does not deal with other design and development/ manufacturing issues. The results of design and development of transition to concurrent development in Indian bearing Industry are presented. It is also justified from the time analysis that shift to concurrent product development from sequential provides benefit to the organization.
Authors and Affiliations
Sandeep Naga, Meenal Dadarwal, Man Mohan Singh Sodhi, Victor Gambhir
Keywords
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- EP ID EP409869
- DOI 10.9790/487X-2002097177.
- Views 47
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