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Lean Product Management (LPM)
In the Flat World, companies that focus resources on value-added activities in product development while reducing waste have a competitive advantage. However, most companies are not focused on categorization in lines of business, market, and technology. In addition, there are budget overruns due to a lack of change management processes for requirements and requirement priorities.
To simplify product innovation and optimization, High-Tech companies need to:
- Set product direction and future product roadmap through analysis of market and technology trends
- Reengineer processes to implement technology and engineering changes necessitated by future-generation products
- Institute governance models to track and measure change management processes
Infosys’ Lean Product Management (LPM) solution offers better predictability in product maintenance and support costs, and helps manage metrics across the product lifecycle. Our solution facilitates simplification of processes for product innovation and optimization, and improves requirements management through storyboarding and categorization.
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Testimonials
"My experience in working with Infosys people is that they are very reliable. I think the quality of their work is very high and they stick to the schedule. So I think we can count on the Infosys' people's level of quality."-Former Chief Information Officer
Consumer Electronics Company
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Presentation
Applying Lean to Global Supply Chain (Presentation to University of Michigen)More
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