The project aimed to reduce the cycle time of introducing a new semiconductor product from 39 weeks to less than 12 weeks by forming a cross-functional team to streamline the process. Using tools like Microsoft Project, DFMEA, PFMEA, and SolidWorks, the team optimized the design, manufacturing process, and equipment. This reduced the introduction time by over 70% to 9 weeks while improving communication and shifting the organization's culture. The new process provided a repeatable way to efficiently develop and launch new products.