VOL 21.16: How to Improve New Product Introduction (NPI) in Three Steps Institutionalize, automate, and implement Quality 4.0
Quality Tools/Concepts »
(September 24, 2020)
How can industrial and manufacturing enterprises achieve better new product introduction (NPI), a critical element of operational excellence? Corporate goals of improving market share and revenue, maintaining competitive differentiators, and improving customer experiences are especially challenging when developing and launching new products—making it vitally important that NPI is seamless and high quality. Despite significant investment in NPI, a startling 44 percent of new products fail to meet most NPI success criteria.
Manufacturers and industrials face three key challenges:
Sponsored by: D. L. Shah Trust
Edited by: Mr Hari K Taneja, Trustee, D. L. Shah TrustClick here to view full content