Abstract
Product development is an integral part of an organization that plans to stay relevant and competitive in today’s world. Several companies have research and development sections, which are most times responsible for developing new products. Still, there are other processes such as technology development, technology acquisition, capacity acquisition, and project management in which product development can be achieved. Improved product development processes such as lean manufacturing, six sigma, and a hybrid of the two known as lean six sigma (LSS) are platforms that enhance product development, which helps organizations remain relevant.
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