steps means the product will be completed sooner and with less wasted material in the process. During the design and prototyping process, potential issues in the design can be corrected earlier in the product development stages to further reduce the production time frame. The benefits of concurrent design and manufacturing can be sorted in to short term and long term. Short term benefits Competitive advantage with implementing part into market quickly Large amounts of same part produced in a shorter amount of time Allows for early correction of part Less material wasted Less time spent on multiple iterations of essentially the same part Long term benefits More cost efficient over several parts produced and several years Large amounts of different parts produced in a shorter total amount of time Better communication between disciplines in company Ability to leverage teamwork and make informed decisions Using C.E. Currently, several companies, agencies and universities use CE. Among them can be mentioned: Concurrent Design Facility - European Space Agency NASA Team X - Jet Propulsion Laboratory NASA Integrated Design Center (IDC), Mission Design Lab (MDL), and Instrument Design Lab (IDL) - Goddard Space Flight Center NASA Compass Team - Glenn Research Center CNES – French Space Agency ASI – Italian Space Agency Boeing EADS Astrium – Satellite Design Office Thales Alenia Space The Aerospace Corporation Concept Design Center STV Incorporated German Aerospace Center Concurrent Engineering Facility EPFL Space Center Schlumberger Harley Davidson ASML Fiberthree See also ESA's Concurrent Design Facility Iterative design New product development Open Concurrent Design Server Product Life Cycle Product lifecycle management Traditional engineering References Project management techniques