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Savvy Consortium Project Cycle Time Workshop: Agile, Knowledge Based Produ...

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Loram

3900 Arrowhead Drive

Hamel, MN 55340

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“… the dominant paradigm for managing product development is fundamentally wrong. Not just a little wrong, but wrong to its very core. It is as wrong as we were in manufacturing, before the Japanese unlocked the secret of lean manufacturing.” ---Don Reinertsen

Have your efforts to improve your product development cycle times left you feeling like you’ve fought to a stalemate? Or worse, are your project times increasing? Perhaps it’s time to examine a different paradigm for managing product development.

The desire for shorter cycle times drives product development & engineering project decisions. However, few companies know the cost of one month of delay in their project schedule. Even fewer make decisions with economic frameworks. We’ll demonstrate how cost of delay and economic frameworks can produce better project and project portfolio decisions.

Workshop presenter Steve Zielinski, Sr. Systems Engineering Manager at Boston Scientific, demonstrates the fundamentals and calculations needed for decisions that reduce project cycle time. Based on the Don Reinertsen 2009 book “Principles of Product Development Flow”, Zielinski instructs workshop participants in useful calculations and clear visuals. Learning the economic language, calculating the financials and framing decisions enables project team leaders to influence executives, engineering managers and team collaborators.

Armed with the cost of delay and an economic framework, workshop participants will go on to explore the dominant element in the economics of product development flow: queues. We’ll explore how to identify and manage queues in the R&D environment using capacity utilization and our weapon of choice: batch size.

If your firm’s customers demand high quality, reliability, and functional performance from innovative/differentiated products, then register for this workshop.

Seminar Content:

The broken NPD priorities system; the ‘lost month cost’, urgency vs value decisions, five NPD variables trade off, pipeline crowding, project first, cost of delay calculation, life cycle profit, pipeline capacity metrics, the physics of queues, batch size.

Workshop Instructor:

Steve Zielinski has extensive experience in product design, development and program management engineering. Steve is at Boston Scientific in Arden Hills, MN.

Steve was awarded the Master of Software Design and Development from the University of St. Thomas. He earned the Bachelor of Electrical Engineering degree from the University of Minnesota. Steve is a Certified Systems Engineering Professional (CSEP), and a Project Management Professional (PMP).

Who should attend:

Engineering operations managers, product design engineers, R&D engineers/scientists, product marketing managers, NPD project team leaders, continuous improvement excellence managers and product service support people.

Workshop Host:
Loram Corporation, Engineering Operations

3900 Arrowhead Dr, Hamel, MN 55340

Friday December 14, 2018
8:00 a.m. - 4:30 p.m.

Workshop Deliverables: spreadsheets, economic calculations, visual materials, reference materials, and glossary of economics terms.

REGULAR REGISTRATION: $900 Do not delay!
SAVVY MEMBERS: $450
GROUPS OF 3 OR MORE, SAME FIRM:
20% DISCOUNT
JOB TRANSITION: A limited number of passes available. Contact Jim, Savvy Consortium, 952-922-7006

NOTE: This workshop is for manufacturing/NPD practitioners only. We do not accept registrations from consultants, authors, gurus.

www.savvyconsortium.com

Savvy Consortium
The Collaboration of Product Development & Engineering Managers

“Tasks appear less difficult to us once we see them done successfully by others”.

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Date and Time

Location

Loram

3900 Arrowhead Drive

Hamel, MN 55340

View Map

Refund Policy

Refunds up to 7 days before event

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