Appraisal of New Product Development Success Indicators in the Aerospace Industry.

Research output: Contribution to journalJournal article – Annual report year: 2011Researchpeer-review

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Appraisal of New Product Development Success Indicators in the Aerospace Industry. / Kazerouni, Afrooz Moatari; Achiche, Sofiane; Hisarciklilar, Onur; Thomson, Vincent.

In: Journal of Mechanical Design, Vol. 133, 2011, p. 101013.

Research output: Contribution to journalJournal article – Annual report year: 2011Researchpeer-review

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Kazerouni, Afrooz Moatari ; Achiche, Sofiane ; Hisarciklilar, Onur ; Thomson, Vincent. / Appraisal of New Product Development Success Indicators in the Aerospace Industry. In: Journal of Mechanical Design. 2011 ; Vol. 133. pp. 101013.

Bibtex

@article{88bc9dc57d354e27ab6da32a6937cdf3,
title = "Appraisal of New Product Development Success Indicators in the Aerospace Industry.",
abstract = "Assessing performance in developing new aerospace products is essential. However, choosing an accurate set of success indicators to measure the performance of complex products is a non-trivial task. Moreover, the most useful success indicators can change over the life of the product; therefore, different metrics need to be used at different phases of the product lifecycle (PLC). This paper describes the research undertaken to determine success measurement metrics for new product development (NPD) processes. The goal of this research was to ascertain an appropriate set of metrics used by aerospace companies for assessing success during different phases of the PLC. Furthermore, an evaluation of the differences and similarities of NPD success measurement was carried out between aerospace companies and the non-aerospace companies practicing in the business-to-business (B2B) market. Practical case studies were carried out for 16 Canadian and Danish companies. Seven companies belong to the aerospace sector, while nine are non-aerospace companies that are in the B2B market. The data was gathered from relevant product managers at participating companies. The outcomes of this research indicate that 1) the measurement of success of aerospace NPD practices depends on the PLC phase being measured, 2) product and process management performance are the more important indicators of success in the early PLC phases with revenue and market share indicators being important during late phases, 3) there are reasonable similarities in success measurement between aerospace and non-aerospace B2B companies. Sets of metrics for measuring success during each PLC phase of aerospace products are proposed, which can guide companies in determining their ideal practices",
keywords = "Business to business (B2B), Success metrics, Aerospace industry, Product lifecycle (PLC), New product development (NPD)",
author = "Kazerouni, {Afrooz Moatari} and Sofiane Achiche and Onur Hisarciklilar and Vincent Thomson",
year = "2011",
doi = "10.1115/1.4004974",
language = "English",
volume = "133",
pages = "101013",
journal = "Journal of Mechanical Design",
issn = "1050-0472",
publisher = "American Society of Mechanical Engineers",

}

RIS

TY - JOUR

T1 - Appraisal of New Product Development Success Indicators in the Aerospace Industry.

AU - Kazerouni, Afrooz Moatari

AU - Achiche, Sofiane

AU - Hisarciklilar, Onur

AU - Thomson, Vincent

PY - 2011

Y1 - 2011

N2 - Assessing performance in developing new aerospace products is essential. However, choosing an accurate set of success indicators to measure the performance of complex products is a non-trivial task. Moreover, the most useful success indicators can change over the life of the product; therefore, different metrics need to be used at different phases of the product lifecycle (PLC). This paper describes the research undertaken to determine success measurement metrics for new product development (NPD) processes. The goal of this research was to ascertain an appropriate set of metrics used by aerospace companies for assessing success during different phases of the PLC. Furthermore, an evaluation of the differences and similarities of NPD success measurement was carried out between aerospace companies and the non-aerospace companies practicing in the business-to-business (B2B) market. Practical case studies were carried out for 16 Canadian and Danish companies. Seven companies belong to the aerospace sector, while nine are non-aerospace companies that are in the B2B market. The data was gathered from relevant product managers at participating companies. The outcomes of this research indicate that 1) the measurement of success of aerospace NPD practices depends on the PLC phase being measured, 2) product and process management performance are the more important indicators of success in the early PLC phases with revenue and market share indicators being important during late phases, 3) there are reasonable similarities in success measurement between aerospace and non-aerospace B2B companies. Sets of metrics for measuring success during each PLC phase of aerospace products are proposed, which can guide companies in determining their ideal practices

AB - Assessing performance in developing new aerospace products is essential. However, choosing an accurate set of success indicators to measure the performance of complex products is a non-trivial task. Moreover, the most useful success indicators can change over the life of the product; therefore, different metrics need to be used at different phases of the product lifecycle (PLC). This paper describes the research undertaken to determine success measurement metrics for new product development (NPD) processes. The goal of this research was to ascertain an appropriate set of metrics used by aerospace companies for assessing success during different phases of the PLC. Furthermore, an evaluation of the differences and similarities of NPD success measurement was carried out between aerospace companies and the non-aerospace companies practicing in the business-to-business (B2B) market. Practical case studies were carried out for 16 Canadian and Danish companies. Seven companies belong to the aerospace sector, while nine are non-aerospace companies that are in the B2B market. The data was gathered from relevant product managers at participating companies. The outcomes of this research indicate that 1) the measurement of success of aerospace NPD practices depends on the PLC phase being measured, 2) product and process management performance are the more important indicators of success in the early PLC phases with revenue and market share indicators being important during late phases, 3) there are reasonable similarities in success measurement between aerospace and non-aerospace B2B companies. Sets of metrics for measuring success during each PLC phase of aerospace products are proposed, which can guide companies in determining their ideal practices

KW - Business to business (B2B)

KW - Success metrics

KW - Aerospace industry

KW - Product lifecycle (PLC)

KW - New product development (NPD)

U2 - 10.1115/1.4004974

DO - 10.1115/1.4004974

M3 - Journal article

VL - 133

SP - 101013

JO - Journal of Mechanical Design

JF - Journal of Mechanical Design

SN - 1050-0472

ER -