New Product Development & Introduction (NPD/NPI)
–It is more important than ever to have a steady stream of successful new products.
–But currently almost 50% of new products fail to meet the targets set for them.
Money is being thrown away
Would you invest in a company with that level of performance?
Purpose of NPD Process
History of NPD
Current NPD Performance
One way of helping to improve the situation is to have a formal Stage-Gate process. This brings discipline to the process and if well-applied will weed out the less favourable projects at an early stage, releasing resources for those projects that are likely to be more successful.
Portfolio Management is about Choosing the Right Projects
3 Goals of Portfolio Management
Thanks to Bob Cooper from the Product Development Institute and Sopheon for some of the material here.
NPD / NPI Consultancy
The NPD / NPI process consultants at Elite Consulting can help you to review and improve your NPD / NPI process. Call to discuss.
PD-Trak NPD Software
We also have NPD / NPI software, called PD-Trak.
Stress Analysis FEA Finite Element Analysis Pro/Engineer Wildfire Pro/Mechanica Pro/Mechanica Training Pro/Engineer Training Creo Training Project Management Design Optimisation FMEA New Product Development PD-Trak NPD Software Design Analysis
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