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Six Sigma is an extremely effective methodology for improving the performance of an organization by minimizing product or service defects. It recognizes that there is a "cost" associated with every error that is committed. This may range in seriousness from having to redo a task, replace a part, waste time or materials, reduce efficiency, or even lose a customer. 

The purpose of DFSS is to avoid manufacturing- or service-related process problems by using techniques , tools, and processes to simulate the product delivery system, incorporate the needs of the customer, consider engineering system parameters, and predict issues before they occur. This helps ensure products and services provide greater customer satisfaction and increased marketshare.

An important part of Six Sigma, CTQ is used to define quality features or characteristics that are important to the customer. The process of developing a CTQ flowchart also helps identify problems and their root causes.

An important aspect of business strategy, especially in an age where customers demand direct engagement, VoC captures customer feedback about experiences with and expectations for a company's products or services. It defines customer needs, expectations, and understandings, and helps point to areas requiring product improvement.

Developing and introducing new products is costly and time-intensive. The NPI process helps streamline innovation by ensuring all activities used to define, develop, and launch a new or improved product are carefully planned, evaluated, and adjusted where needed to improve return on investment. 

The Stage-Gate method of product development involves defining the business case, assessing its feasibility, doing design followed by design development, reviewing pre-launch plans and documentation -- including marketing, and finally completing launch and evaluating deliverables.