Concurrent engineering is a process where project workers carry out each stage of product development at the same time, rather than completing one stage before moving to the next. This allows teams like designers and engineers to work simultaneously, shortening development time. Some advantages of concurrent engineering are faster time to market, higher quality through earlier issue discovery, lower costs by decreasing design time, and increased productivity as workers can begin contributing value immediately rather than waiting for other stages to finish.

1. Concurrent Engineering
Concurrentengineering,alsocalledsimultaneousengineering,isaprocessfordesigningandcreating
productsin whichprojectworkerscarryout eachstage at the same time,ratherthan one afterthe
other.For instance,the design teamforanauto manufacturercanwork onthe shape of a new car while
technicianstestitsaerodynamicsinthe windtunnel.Althoughthe initialattemptsatconcurrent
engineeringcanbe challenging,the practicesinvolveddeliverseveral competitiveadvantages.
Advantages of ConcurrentEngineering
 Faster Time to Market: - A major advantage thatconcurrentengineeringoffersisthatitallows
companiestodelivertheirproductstomarketina muchshortertime frame.Whenproduct
developmentstagesrunconsecutively,the workersonprototypingstage mustwaituntil those on
designphase have completedtheirtasks,those ontestingphase mustwaituntil those in
prototypingphase are finished,andsoon.All of thiswaitingcandelayproductreleases.Concurrent
engineeringallowsworkersonseveral stagestoworksimultaneously,shorteningthe time to
market.
 Enhanced Quality: -Concurrentengineeringpracticesalsoenable workersandmanagerstodiscover
any productionissuesearlierinthe process,whichleadstoa higher-qualityproduct.These practices
alsoreduce designrevisions,unworkable prototypesandexcessive testingtoarrive atthe highest-
qualityproductinthe shortesttime.Inthe auto manufacturerexample,anyissuesinvolvingthe
aerodynamicsof the car are uncoveredearlierinthe processbythe testingteam, whichallowsthe
designandprototypingteamstoworktowardsolvingthe problem.
 Lower DevelopmentCosts:- The bulkof a company'scostsassociatedwithcreatinganew product
involve the designanddevelopmentprocesses.Managerscanuse concurrent engineeringasa
powerful tool forreducingthose earlydevelopmentcosts.Since concurrentengineeringpractices
decrease the time spentinthe designanddevelopmentphases,companiescandeliveraproduct
faster,betterandcheaperthantheircompetitors.Inthe automanufacturerexample,concurrent
engineeringpracticesallowthe design,prototypingandtestingteamstoproduce afactory-readycar
designinmuchlesstime andat a lower costto the company.
 IncreasedProductivity: - While consecutive engineeringrequiresthatworkersona laterstage wait
for those inearlierstages,concurrentengineeringallowsworkersthe opportunitytobe productive
immediatelyandthroughoutthe process.Thisprocessallowsworkerstofocusonthe projectas a
whole,ratherthanfocussolelyontheirareaof specialty.Inthe automanufacturerexample,the
design,prototypingandtestingteamsall worktogetheronthe same problematthe same time to
findthe bestsolution.