Abstract

The research carried out to identify ways in which tools and methodologies fromTheory of Inventive Problem-Solving (TRIZ) to solving gaps within the Design-To-Cost (DTC)strategy in product concept development. The aim was to develop an implementationframework for DTC improving product cost and at the same time increase the productinnovation. The research paper reviews TRIZ methodology that has potential to be appliedfor cost reduction initiatives, followed by a discussion of the DTC strategies that commonlypracticed in the various industries. The proposed new DTC implementation framework withTRIZ tools is developed and the research paper concludes with a case study using the new DTCFramework.

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