Time-to-Market Acceleration of 7-Ton Excavator

For a Major Japanese Construction Equipment OEM

It is very important for the product to be launched on the market at the right time, as it plays crucial role in attracting customers and gaining momentum in the market. In order to achieve faster-time-to-market, companies often look for partner who can support them in entire development process with an ability to expedite the process.

LTTS supported global construction OEM to design and develop new excavator within stipulated time frame to be launched in the market.

Business Value Delivered

• Bill of Material (BOM) cost reduction:16%.
• Component Localization: 30%
• Faster turn-around-time helped reduce design and development cycle time