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Follow on Google News | Keithley Instruments’ Executive to Address Production Innovation Management ConferenceLarry Pendergrass, vice president of new product development at Keithley Instruments, Inc., a world leader in advanced electrical test instruments and systems, will presenting at the 34th Annual Global Conference on Product Innovation Management.
By: Keithley Instruments Inc. Pendergrass’ The presentation focuses on simple methods and tools for tracking, examining, and reporting schedule slippage and cycle time issues. It also includes Pendergrass’ Pendergrass will also outline a number of Microsoft® Excel-based tools he has developed for tracking new product development projects: • Monthly Project Update (MPU) - Contains general information about a project, such as critical features, target markets, and applications - Overall status, green/yellow/ - Schedule for project, current and benchmark - Revenue forecast and most recent financials - Project cost history and expectations - Changes to the project scope - Major risks and issues - Breakthroughs this month • Slippage and Cycle Time Worksheets – These tools help Keithley identify at which stage in the new business development process schedule slippages occurred: concept, investigation, development, or pilot. - Projects range from a single circuit board to a full system - Measuring cycle time in weeks or months is inadequate – provides no information on whether the team is improving or the project is progressing fast enough. - Need to “normalize” - Keithley defines a “scope score” on a scale of 1-10, with characteristics agreed upon between management and engineers. • Slippage causes – The causes of schedule slippages are also tracked by category: - Impact from slip of another project - Prioritization of projects - Resource deflection to manufacturing issues - Changes in organizational expectations - Imposed and unrealistic schedules - Resource deflection to a special (to a single customer) product - Scope changes - Incomplete agreement on definition - Management of third-party vendors - Miscellaneous - Not enough time planning - Task/resource estimation (logistical or technical) - Weak pilot runs (due to process or product) Larry Pendergrass has served as Keithley’s vice president of new product development since 2003. Previously, he served in a variety of posts for 22 years at Agilent Technologies. Larry holds a master’s degree in physics from the University of California, Davis, and a master’s in business administration from Case Western Reserve University, Cleveland, Ohio. For More Information For more information on Larry Pendergrass or Keithley's product design management processes, contact the company at: Telephone: FAX: 440-248- E-mail: Internet: Address: 28775 Aurora Road Cleveland, OH 44139-1891 # # # About Keithley Instruments, Inc. With more than 60 years of measurement expertise, Keithley Instruments has become a world leader in advanced electrical test instruments and systems. Our customers are scientists and engineers in the worldwide electronics industry involved with advanced materials research, semiconductor device development and fabrication, and the production of end products such as portable wireless devices. The value we provide them is a combination of products for their critical measurement needs and a rich understanding of their applications to improve the quality of their products and reduce their cost of test. End
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