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News Ford forms development group of 10 divisions for 'breakthrough products'

17:55  30 august  2018
17:55  30 august  2018 Source:   autoblog.com

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Ford has created a new Enterprise Product Line Management (EPLM) group charged with creating a winning portfolio of 10 categories of vehicles and According to Automotive News, " Ford CEO Jim Hackett and other senior executives say the automaker wants to offer products in segments where it.

Ford has created a new Enterprise Product Line Management (EPLM) group charged with creating a winning portfolio of 10 categories of vehicles and According to Automotive News, " Ford CEO Jim Hackett and other senior executives say the automaker wants to offer products in segments where it

a person riding on the back of a car© Ford

More iconic Ford vehicles may become inspiration for the rest of Ford's product range. Earlier this week, Ford spoke of trying to transfer the passion for and emotional design of the 54-year-old Mustang to other vehicles in the automaker's lineup. Now the company wants to use its deep knowledge of F-150, Transit, and Mustang customers as a template for creating vehicles that "better meet emerging customer needs." To do that, Ford's created the Enterprise Product Line Management (EPLM) group charged to "create a winning portfolio of vehicles and bring them to market faster and more efficiently."

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Ford forms development group of 10 divisions for ' breakthrough products '. Enterprise Product Line Management wants to boost sales and profits. Jonathon Ramsey.

Ford forms development group of 10 divisions for ' breakthrough products '. Enterprise Product Line Management wants to boost sales and profits. Ford Motor Company is announcing a major personnel shakeup that could have a dramatic effect on the future of the Lincoln division .

Consider this another effort at the kind of internal interdisciplinary planning that every company says it strives for but rarely pulls off successfully. First, the carmaker's broken its developing and growing model range into 10 product lines: family utilities, urban utilities, rugged utilities, performance vehicles, luxury vehicles, compact trucks, F-Series, commercial vehicles, electric vehicles, and emerging market vehicles. The "nimble, customer-focused" teams managing those 10 product lines will do so from conception through to customer engagement "as end-to-end businesses," and include members from engineering, product planning, manufacturing, marketing, and finance so as "to create breakthrough products and customer experiences."

2019 Ford GT Heritage Edition Wears Gulf Livery in Monterey

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Ford forms development group of 10 divisions for ' breakthrough products '. Enterprise Product Line Management wants to boost sales and profits. Jonathon Ramsey.

Ford forms development group of 10 divisions for ' breakthrough products '. Enterprise Product Line Management wants to boost sales and profits. Jonathon Ramsey.

As the Detroit automaker sheds cars, moves to fewer and modular platforms, resurrects icons, expands nameplates from 20 to 23, and pieces together one of the industry's youngest lineups, it views EPLM as the means to "create a winning portfolio of vehicles and bring them to market faster and more efficiently." And of course, just as much as this is about what's being put out, it's about what's being brought in; i.e., an "unyielding commitment to strong returns" and "profitable growth," in the words of Jim Farley, Ford's president of global markets. Ford's North American and global profit margins took substantial drops in the second quarter this year compared to Q2 last year, to 7.4 percent and 2.7 percent respectively. Company leaders had sought a 10 percent profit margin in North America, and 8 percent globally, by 2020.

According to Automotive News, "Ford CEO Jim Hackett and other senior executives say the automaker wants to offer products in segments where it knows it can win. ..." Longtime Ford exec Jim Baumbick (pictured), who oversaw the creation of the flexible modular architecture plans, becomes a company officer as VP of the EPLM and will report to Farley. Baumbick retains his current role within the global product planning and strategy department.

Epic 1969 Ford Bronco Test Vehicle to Cross the Auction Block

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10 ] Ford was the eleventh-ranked overall American-based company in the 2018 Fortune 500 list In 1964, Ford Research Labs made a key breakthrough with the invention of a superconducting quantum In late 1955, Ford established the Continental division as a separate luxury car division .

In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market. A central aspect of NPD is product design

We're not aware of an umbrella term for the various overhauls happening at Ford right now. However, this latest comes right on time as the third sweeping reorganization in a 12-year cycle. In 1995, Scotsman and former Ford CEO Alex Trotman instituted his Ford 2000 plan to harmonize global operations, saving the company scads of money even with bumpy implementation and uneven results and earning a knighthood for it. In 2007, Alan Mulally rolled out One Ford, and we know how that went. Here we go again, so start your timers. And your profit-watching machines.

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Bullitt Back in Theaters for its 50th Birthday .
From October 7-9, the 1968 cult classic Bullitt, with one of the most iconic car chases in cinema history, will be shown in nearly 550 theaters across the country. This film offered two unforgettable things: the Steve McQueen as the tough, stoic hero and one of the most iconic car chases in cinema history. This film coming to silver screen once again is a perfect opportunity for young car enthusiasts to experience the release of this film like their fathers and grandfathers did back in '68.

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