PD fallacy #9: products are static

Humans love to think in terms of absolutes. We like to set a target, work really hard toward it and have the illusion that when we reach it all our troubles will be gone and we’ll be in a state of permanent bliss. For instance, sports competitions have a very clear target and those of … Read more

PD fallacy #8: the bill of materials has the highest priority

Traditional companies building products including mechanics, electronics and software tend to focus on the bill of materials (BOM), standard unit cost (SUC) or some other KPI tracking the per-product instance cost during manufacturing. When manufacturing large numbers of the same product for extended periods, this makes perfect sense as every penny saved is multiplied over … Read more