This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Similar articles in Web of Science Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Esterman, M. Articles by Ishii, K. Search for Related Content Social Bookmarking                         What's this?

The Development of Project Risk Metrics for Robust Concurrent Product Development (CPD) across the Supply Chain

Industrial and Systems Engineering, Kate Gleason College of Engineering, 81 Lomb Memorial Drive, Rochester, NY 14623-5603, USA, mxeeie{at}rit.edu

Kosuke Ishii

Department of Mechanical Engineering, Stanford University, Stanford, CA, USA

Many companies report that they can attain a competitive product development advantage from strategic relationships with key suppliers, but even the successful relationships are not without their challenges. Industry has expressed a need for robust concurrent product development (CPD) practices to include supplier issues. Unfortunately, most of the practices currently available provide little to quantitatively analyze the product development process and to identify risk as a direct result of supplier interactions. This study develops metrics that characterize product development project risk that results from supplier interactions by using the concepts of degree of design customization (DoDC) and coupling ratio (CR). A correlation analysis based on HP LaserJet development projects demonstrates that the proposed metrics for DoDC and CR are good indicators of the likelihood of product development efficiency. Furthermore, there was enough evidence to use the interaction term, the CR multiplied by the DoDC, as a risk index. An important implication of using the coupling assessment as part of the project risk assessment is that the same process can address both project and product risks.

Key Words: concurrent engineering • supply chain • project management • product development risk • supplier relationships • original design manufacturer

Concurrent Engineering, Vol. 13, No. 2, 85-94 (2005)
DOI: 10.1177/1063293X05053792


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?