Concurrent Engineering

CORE DEFINITION

Concurrent Engineering, also known as concurrent design and manufacturing, is a working method that emphasizes the simultaneous execution of tasks. It is also referred to as simultaneous engineering or integrated product development (IPD) when using an integrated product team approach. It refers to a method used in product development that integrates design engineering, manufacturing engineering, and other functions to shorten the time required to bring new products to market. By completing the design and manufacturing stages simultaneously, products can be produced in a shorter time while reducing costs. Although concurrent design and manufacturing requires extensive communication and coordination among disciplines, it can increase corporate profits and bring sustainability to product development. Concurrent design and manufacturing can bring competitive advantages because products can be produced and sold in a shorter time. However, improper implementation of concurrent engineering can lead to problems.