المستخلص: |
The quality, speed, cost, and time of new product design and development is highly crucial for companies to gain competitive advantage in a global market. The basic purpose of this research is to examine the impact of implementing JIT manufacturing system on the enhancement of new product development process. Five different hypotheses were formulated to test the statistical significance of new product development performances before and after JIT implementation. The results of testing hypotheses in both iterations have strongly supported the claimed proposition regarding the positive impact of implementing JIT manufacturing system on the new product development performances. The statistical results have indicated that companies which have implemented JIT manufacturing system are having a better competitive advantage with respect to new product development performances. The results have shown that companies using JIT manufacturing system can develop new products with 65% better quality, 57% less development time, frequency of new product introduction is 65% faster, 40% less development cost, and 35% less manufacturing cost.
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