The Toyota Production System (TPS) is known for its principles of efficiency, quality, and continuous improvement principles. At its core is the foundation of Standardized Work, with pillars of Just-In-Time (JIT) production and Jidoka (autonomation: detect abnormalities and respond), all under the roof of achieving the highest quality, the shortest lead time, and the lowest cost.
In New Product Development (NPD), TPS and NPD share similar goals: both strive for excellence in quality, efficiency, and cost-effectiveness. So how can we apply TPS principles to NPD?
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