As an Amazon Associate I earn from qualifying purchases.

What is Concurrent engineering in Supply Chain Management? PDF | Download eBooks

Learn Concurrent Engineering definition in supply chain management with explanation to study “What is Concurrent engineering”. Study concurrent engineering explanation with SCM terms to review supply chain management course for online MBA programs.

Concurrent Engineering Definitions

  1. Simultaneous performance of the various stages of product development.

    Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson



  2. Concurrent engineering is a method by which several teams within an organization work simultaneously to develop new products and services..

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Concurrent Engineering Explanation

Firms use this strategy for long term benefits. The initial implementation of this strategy is quite challenging but in return it gives a greater competitive advantage. It reduces or eliminated the need for multiple process networks by creating such environment which designs the product right in the first round.

Concurrent Engineering Explanation

Simultaneous engineering, otherwise called concurrent building, is a strategy for planning and creating items, in which the various stages run all the while, as opposed to continuously. It diminishes item advancement time and furthermore an opportunity to showcase, prompting improved efficiency and decreased expenses. Simultaneous Engineering is a long haul business system, with long haul advantages to business. In spite of the fact that underlying execution can be testing, the upper hand implies it is helpful in the long haul. It evacuates the need numerous structure revamps, by making a domain for planning an item right the first run through round. Simultaneous designing is a technique by which a few groups inside an association work all the while to grow new items and administrations. By taking part in different parts of improvement simultaneously, the measure of time associated with getting another item to the market is diminished essentially.

Keep Learning Supply Chain Management Explanations

What is Labor planning?

Workforce arranging is a nonstop procedure used to adjust the necessities and needs of the association with those of its ...

What is Corporate social responsibility (CSR)?

Business tactic used by the organizations which contributes in sustainable development by giving social, economic and environmental assistance to all ...

What are Modules?

A module over a ring is a speculation of the idea of vector space over a field, wherein the relating ...

What is Location?

Location area choices assume a vital job in the coordination's exercises engaged with store network the board. All things considered, ...

What is Economic Forecasts?

Firms use the process of economic forecasting to predict the future economic conditions with the help of different indicators. These ...

What is Manufacturing cycle time?

Assembling process duration alludes to the time required or spent to change over crude materials into completed merchandise. In fact, ...