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Product Development Life Cycle

To define what, when, and why happens to a product, marketers and executives came up with a concept of a product development life cycle (PDLC). In brief, the product development life cycle is a series of consecutive stages that a product passes through. Usually, the entire path is broken into …

Lean Product Development

What Makes Product Development Lean

Constantly decreasing costs, no waste, minimum throughput time, maximum capacity, unlimited flexibility, and high customer satisfaction. Sounds too good to be true? But that’s what lean is all about. What is “lean”? Being able to progressively create “insanely great” products, as Steve Jobs would put it, and especially at the …