Before revision: Lean product development (LPD) is a lean approach to counter the challenges of product development, notably: Lack of innovative solutions Long development cycle times Many redevelopment cycles High development costs Long production cycle times High production costs See alsoDesign for lean manufacturingMuntzingToyota Production System History of lean product development Toyota started its journey with lean product development at Toyota Loom Works (see History of Toyota).
After revision: Lean product development (LPD) is a lean approach to counter the challenges of product development, notably: Lack of innovative solutions Long development cycle times Many redevelopment cycles High development costs Long production cycle times High production costs History of lean product development Toyota started its journey with lean product development at Toyota Loom Works (see History of Toyota).