Publication

The role of target costing within new product development

View document

Bibliographic Details
Summary:This article follows recent research in NPD and target costing to test the relationship between the use of NPD firm practice and the product’s development time and cost. Data was obtained from Portuguese manufacturing firms through a survey. In this study it was found that target costing and reduction of time-to-market together, provide considerable advantages to users of these practices. Such companies can achieve reductions in NPD cycle time and cost without compromising quality and functionality. This paper offers a contribution to current literature by adding empirical evidence on the role of TC within NPD.
Main Authors:Afonso, Paulo
Other Authors:Nunes, Manuel L.; Paisana, António; Braga, A. C.
Subject:Target costing New product development
Year:2007
Country:Portugal
Document type:conference paper
Access type:restricted access
Associated institution:Universidade do Minho
Language:English
Origin:RepositóriUM - Universidade do Minho
Description
Summary:This article follows recent research in NPD and target costing to test the relationship between the use of NPD firm practice and the product’s development time and cost. Data was obtained from Portuguese manufacturing firms through a survey. In this study it was found that target costing and reduction of time-to-market together, provide considerable advantages to users of these practices. Such companies can achieve reductions in NPD cycle time and cost without compromising quality and functionality. This paper offers a contribution to current literature by adding empirical evidence on the role of TC within NPD.