Tim Powers, Hubbell Chairman and CEO, and Jim Grimes, Vice President of Manufacturing, discuss a new product designed using the LeanSigma Product Development process.
Is your product development a competitive
advantage – or is it costing you revenue,
profit and market share?
Most companies, by necessity, have streamlined their manufacturing processes. With few exceptions, however, even the “leanest” manufacturers are still developing and introducing products the same way they have for years.
Those traditional processes are filled with wasted time, inefficiency and unnecessary costs:
TBM developed LeanSigma® Product Development – today’s fastest and most efficient product development process – to help clients quickly transform their existing process into powerful competitive advantages.
“We’re developing game-changing products and delivering them to market faster than ever before. Considering the opportunities for innovation in our industry, this process has not only become our product development model, it’s also a critical part of our growth strategy.”
What would it mean to dramatically reduce your development costs - and be consistently first to market with innovation, high-appeal products?
“The first product we developed with this process was in the market in a third of our normal time. The design is unlike any other comparable product, with benefits our customers are really excited about. Our biggest competitor in that market already wants to license it from us.”