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hello Iamp;#39;m Jim Morgan senior advisor at the Lean Enterprise Institute and Iamp;#39;d like to talk a little bit about lean product and process development lean product and process development or LP PD is about creating new value whether itamp;#39;s a physical product a process or a service itamp;#39;s about creating new value for your customer and product development is one of the most important things that your organization engages in it drives top-line growth and it determines up to 70% of your ongoing costs and quality potential up front it engages the entire enterprise and in a sense itamp;#39;s actually creating the future for your organization because the decisions that you make during the product and process development period are gonna affect your organization and your customers for years to come LP PD is not applying lean tools from the manufacturing floor to the PD environment itamp;#39;s a unique set of methods tools and principles that have been proven effective
