Concurrent engineering is a business strategy that replaces the traditional sequential product development process with one where tasks are done in parallel and all aspects of a product's development are considered early on. It focuses on optimizing resource distribution to ensure efficient product development. Concurrent engineering requires collaboration across individuals, groups, departments and organizations to develop a product rapidly and responsively to changing market needs. It is a complex strategic plan that demands full corporate commitment and strong leadership to implement continuous process improvements.

1. Concurrent Engineering

4. The Concurrent Engineering Approach Concurrent eng. mandates major changes within the organizations and firms that use it, due to the people and process integration requirements. Collaboration is a must for individuals, groups, departments, and separate organizations within the firm. Therefore, it cannot be applied at leisure. A firm must be dedicated to the long term implementation, appraisal, and continuous revisi on of a concurrent engineering process.

5. Concurrent engineering is recognized as a strategic weapon that businesses must use for effective and efficient product development. It is not a trivial task, but a complex strategic plan that demands full corporate commitment, therefore strong leadership and teamwork go hand and hand with successful concurrent engineering programs. Strategic Plan of Concurrent Engineering

6. Commitment, Planning, and Leadership Continuous Improvement Process Communication and Collaboration

8. Competitive Advantage Increased Performance Reduced Design and Development Times