Review of Cost Estimation Techniques and Their Strategic Importance in the New Product Development Process of Textile Products

Ievtushenko, O. M.; Hodge, George

doi:10.1108/rjta-16-01-2012-b012

Cited by 9 publications

(4 citation statements)

References 55 publications

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“…The easy availability of raw cotton and cheap labor has played a major role to contribute more than 60% cotton-based textile exports. Recently, the emerging trends of manufacturing and production influenced the textile and apparel industry to a great extent [51], [52]. The valueadded exports of Pakistani textiles are increasing at 28% in recent years [53].…”

Section: A Case Illustrationmentioning

confidence: 99%

Statistical Assessment of Business Intelligence System Adoption Model for Sustainable Textile and Apparel Industry

et al. 2021

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The textile and apparel industry is one of the biggest competitive industries in the world. Nowadays, industry 4.0 concepts put pressures on textile and apparel companies to integrate advanced technologies. Consequently, Business Intelligence (BI) systems are diffusing rapidly to process large data sets to harness the true value of smart technologies. Regardless of its potentials, most textile and apparel companies are lagging and hesitating to adopt this credible innovation in the presence of a high failure rate (70%-80%) especially in developing countries. To achieve the successful adoption of BI systems, statistical assessment is required to better understand this complex phenomenon. Therefore, a BI system model based on Technology-Organization-Environment (TOE) is developed to evaluate the role of potential determinants pertaining to the users, technology, organization, and environment. Data were collected using a survey with self-administered questionnaires from decision-makers with authoritative designations in the textile and apparel industry, academia, and software companies. Influential relationships among critical determinants were assessed and validated by using Decision-Making Trial and Evaluation Laboratory (DEMATEL) approach. The results of this study would contribute to the success of costly BI system projects and will motivate the industry experts to potentially assign investments for the BI projects in the developing countries to sustain in the competitive markets.

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Section: A Case Illustrationmentioning

confidence: 99%

Statistical Assessment of Business Intelligence System Adoption Model for Sustainable Textile and Apparel Industry

et al. 2021

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“…Wheelwright (2010) contends that this clustering can increase the chances of success in producing an innovative product. Levtushenko and Hodge, (2012) believe that this manner occurs in a technological environment that supports sharing knowledge in the organisation. Companies design their own NPD processes to implement the plans.…”

Section: The Npd Processmentioning

confidence: 99%

“…An NPD process is part of a long term strategy that enables companies to be innovative (Bendoly et al, 2012;Levtushenko and Hodge, 2012). This process requires an ad-hoc approach to cluster the various elements in demanded into the development of a new product.…”

Section: The Npd Processmentioning

confidence: 99%

NPD process in active pharmaceutical ingredients industry: a case study in Iran

Shahmehr

Khaksar

Safari

et al. 2017

IJBIR

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Due to recent sanctions against Iran, the Iranian active pharmaceutical ingredients (APIs) industry has become increasingly scrutinised. However, innovation and new product development (NPD) are challenges for Iranian APIs; especially as in the domestic market they face substantial competition from Asian and American competitors. This paper investigates the existing NPD situation in the APIs industry in Iran. To do so, the researchers have explored the extent to which the APIs industry follows an innovation strategy or imitation strategy by discovering factories influencing the NPD process. This paper also includes a case-study on the APIs industry in Taamin Active Pharmaceutical Ingredient Company (TAPIC) holding. A wide variety of data collection methods were used, ranging from semi-structured questionnaire and interviews, literature reviews, archival record analysis and participant observation. The findings show that "possessing skilled and professional teams" is the most important activity for designing a successful NPD process in APIs. In contrast, "high cost of importing new technologies" tends to be the main restriction that endangers a successful NPD process in APIs in Iran.

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“…The three elements of the development process are as follows. Ievtushenko's study, we obtain graphs as follows for factors of customer demand satisfaction, development time and costs (Hou, 1998;Ievtushenko & Hodge, 2012). …”

Section: Customer Demand Saturationmentioning

confidence: 99%

The decision optimization of product development by considering the customer demand saturation

Xing¹,

Cheng²,

Liang³

2015

JIEM

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Abstract:Purpose: The purpose of this paper is to analyze the impacts of over meeting customer demands on the product development process, which is on the basis of the quantitative model of customer demands, development cost and time. Then propose the corresponding product development optimization decision.Design/methodology/approach: First of all, investigate to obtain the customer demand information, and then quantify customer demands weights by using variation coefficient method. Secondly, analyses the relationship between customer demands and product development time and cost based on the quality function deployment and establish corresponding mathematical model. On this basis, put forward the concept of customer demand saturation and optimization decision method of product development, and then apply it in the notebook development process of a company. Finally, when customer demand is saturated, it also needs to prove the consistency of strengthening satisfies customer demands and high attention degree customer demands, and the stability of customer demand saturation under different parameters. Findings:The development cost and the time will rise sharply when over meeting the customer demand. On the basis of considering the customer demand saturation, the relationship between customer demand and development time cost is quantified and balanced.-804-Journal of Industrial Engineering and Management -http://dx.doi.org/10.3926/jiem.1380 And also there is basically consistent between the sequence of meeting customer demands and customer demands survey results. Originality/value:The paper proposes a model of customer demand saturation. It proves the correctness and effectiveness on the product development decision method.

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Review of Cost Estimation Techniques and Their Strategic Importance in the New Product Development Process of Textile Products

Cited by 9 publications

References 55 publications

Statistical Assessment of Business Intelligence System Adoption Model for Sustainable Textile and Apparel Industry

Statistical Assessment of Business Intelligence System Adoption Model for Sustainable Textile and Apparel Industry

NPD process in active pharmaceutical ingredients industry: a case study in Iran

The decision optimization of product development by considering the customer demand saturation

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