Concurrent engineering has been widely accepted as a viable strategy for companies to reduce time to market and achieve overall cost savings. This article analyzes various risks and challenges in product development under the concurrent engineering environment. A three-dimensional early warning approach for product development risk management is proposed by integrating graphical evaluation and review technique (GERT) and failure modes and effects analysis (FMEA). Simulation models are created to solve our proposed concurrent engineering product development risk management model. Solutions lead to identification of key risk controlling points. This article demonstrates the value of our approach to risk analysis as a means to monitor various risks typical in the manufacturing sector. This article has three main contributions. First, we establish a conceptual framework to classify various risks in concurrent engineering (CE) product development (PD). Second, we propose use of existing quantitative approaches for PD risk analysis purposes: GERT, FMEA, and product database management (PDM). Based on quantitative tools, we create our approach for risk management of CE PD and discuss solutions of the models. Third, we demonstrate the value of applying our approach using data from a typical Chinese motor company.

Abstract: Featured ApplicationThe custom implementation of concurrent engineering and quality tools in small and medium-sized enterprises (SMEs) increases the efficiency of business operations and assertiveness in decision-making and actions. AbstractConcurrent engineering (CE) aims to provide a collaborative environment in which all involved parties work simultaneously to optimize resources. However, some aspects can make it hard to implement in organizations. This study presents the development of a CE model and its implementation in a Mexican textile maquiladora. The information about the process was obtained using administrative and quality tools (brainstorming, Pareto and Ishikawa charts, flowcharts, spreadsheets). A CE model based on the management of new products was designed, in consideration of the enterprise culture. The workgroup evaluated the proposed model in two projects to verify the functionality. The time for the development and approval of prototypes was reduced from three months to one. Now the process has a robust design, having identified design problems, potential operator errors, and bottlenecks. Losses from raw material replacements and reworks decreased by 39.4%, and there was an additional cost saving of 22.86%. CE implementation is not easy; the firsts steps are to change the organizational culture and the training of employees to work collaboratively.Keywords: concurrent engineering; quality tools; quality improvement; new products




Concurrent Model In Software Engineering