Title :
Product development using AHP: Case on small car segment in India
Author :
Koul, Saroj ; Kumar, Pranav ; Verma, Rakesh
Author_Institution :
Jindal Global Bus. Sch., OP Jindal Global Univ., Delhi, India
Abstract :
The growing consumerism poses a challenge to new product development. Consumerism, in an abstract sense, is the belief that the free choice of consumers should dictate the economic structure of a society. With the increasing choice of product attributes the designer´s job in incorporating the true voice of customers becomes increasingly challenging. We have presented here a solution for the same, with the example of the small car industry in Indian market. We illustrate the use of AHP on customer responses to effectively quantify the voice of the customers for monetary benefit by way of developing popular products.
Keywords :
automobile industry; customer satisfaction; decision making; product development; India; analytic hierarchy processing; consumerism; customer response; product development; small car segment; society economic structure; Analytical models; Automobiles; Availability; Decision making; Manufacturing; Safety; AHP; Multi Criteria Decision Making; New Product Development; Small Car;
Conference_Titel :
Supply Chain Management and Information Systems (SCMIS), 2010 8th International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-962-367-696-0