This document summarizes an article from the Contact magazine published by Dassault Systèmes Americas Corp.
The article discusses how applying lean principles to product development can help companies be more efficient. It introduces the concept of "first-pass success" which measures waste in product development processes. Companies profiled in the magazine issue are leveraging their PLM (product lifecycle management) systems to bring product knowledge forward, capture knowledge in templates and rules, and make it accessible earlier. This helps them design products more efficiently and save engineering hours. Examples include Hyundai-Kia saving 51,000 engineering hours and doubling its previous engineering output capacity without increasing staff.