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The development process, moreover, has to evolve from typical stage-gate-concepts to a more agile process tailored to suit continuously changing requirements to fulfil the demand for a fast product qualification for series production.
For example, modular production may enable fast product customization for customers who themselves compete in fast-moving markets, and are not willing to wait until comprehensive reliability tests have been completed.
Research into products is especially important in biotechnology, where many companies never develop anything salable, and in information technology, which has extremely fast product cycles.
Factory, Fast Product and later 4AD were all record companies whose sleeve designers and graphic language became as synonymous with the labels as the music they released.
What's broken about American media perhaps has less to do with a class system than with what created it: unchecked capitalism in which news is a fast product.
Experience shows, however, that such customers are often willing to use a tool kit, especially when fast product turnaround is crucial.
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Location Advantage: Manufacturing is developed and factories are abundant, providing strong supply chains, fast product-update rates, advantages in production, and close connection with factories.
They worked with fast product-cycles and, most importantly, they were clever.
Factor in the fast product-cycle of motherboards and the rapid technological changes in chip sets graphics, networking and audio functions are now integrated into the chips and proximity to these systems companies has its advantages.
"I like fast products and sports," says the man who's ridden many kilometers as an amateur cyclist.
Manufacturers will need to make their supply chains far more agile and able to operate in real-time to cope with faster product design and production cycles.
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