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Product growth processes may also be improved in order that new products can be produced at decrease cost and get to market faster. Such was the case when Johnson Controls acquired Prince Company, a maker of rearview mirrors, door panels, visors, and different components of vehicle interiors. Prince was higher than Johnson Controls at understanding clients’ wants—each existing and anticipated—and consequently it produced increased-margin products. Prince additionally this had a wonderful process for ramping up production of latest merchandise, which enabled it to move from design to mass manufacturing about twice as quick as Johnson Controls might, maintaining higher quality ranges while rushing cycle occasions. Johnson learned from Prince and was soon able to apply those advantages to its own products.

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