Key performance indicator in product development

Systematically evaluate and continuously improve innovation productivity

The continuous improvement of (business) processes and products is crucial to the competitiveness of a company. It is expected that products be developed and improved ever faster and cheaper. That is why KPIs that provide information about a company’s innovation productivity have become increasingly important in recent years. These KPIs help decision-makers systematically measure, evaluate and manage products and processes. KPIs can be used to make interrelationships and important information within a company transparent.

This white paper describes the requirements relating to performance indicator management in the product development process and explains the processes and advantages of the continuous and automated collection of KPIs in operative product lifecycle management (PLM) systems.