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In the next five years, Ford's global product development system will drive an unprecedented product refreshment rate across Ford's worldwide markets.
To do this, there was extensive reliance on digital technologies that are part of the Ford Global Product Development System.
Achievements to date include: - Raised initial estimates of annual synergy savings to US$100 million - Initiated a worldwide supply chain strategic plan for manufacturing and distribution networks - In-sourced a variety of formerly out-sourced manufacturing functions - Created common worldwide systems for financial and quality systems - Implemented a global product development system to assure speed-to- market - Unified professional medical education efforts - Combined sales organizations with almost no turnover - Created common branding worldwide - Concentrated orthobiologics research in Austin, Texas - Completed worldwide corporate culture focus Elliott said that while there has been tremendous progress, certain integration activities will continue for the next two years.