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- Integrate a Robust Lessons Learned Process into Product Development
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Given the need to preserve knowledge over long-duration product life cycles and the impending retirement of a generation of engineers and experts, organizations want to speed up the transfer of knowledge in order to ...
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Design, Product Management and Planning, Project Management, Supply Chain Management Processes: 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.2 Develop products and services Industry: Agriculture, Durable Goods- Relevance: 85%
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- Warning Signs of Poor New Product Development Governance
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Do your product development governance policies need a makeover?
Type: Articles and White Papers Topics: New Product Development, Product Development, Product Management and Planning, Organization Structures, Organization and Management Processes: 1.2.5.6 Develop role analysis and activity diagrams for key processes, 1.2 Develop business strategy, 1.2.5 Create organizational design (structure, governance, reporting, etc.), 2.1.2 Define product/service development requirements, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.5 Manage product and service life cycle- Relevance: 67%
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- Staying On Time and On Budget: The Keys to Profitable New Product Development
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A major differentiator between top and bottom performers in new product development (NPD) is an organization's ability to complete projects on schedule and on budget.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Management and Planning, Process Improvement, Business Excellence, Process, Process Management, Project Management Processes: 2.1.4.1 Plan and develop cost and quality targets, 2.1 Manage product and service portfolio, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.4.3 Specify development timing targets, 2.1.5.3 Identify and refine performance indicators, 2.1.5 Manage product and service life cycle, 2.2.1 Design, build, and evaluate products and services, 2.0 Develop and Manage Products and Services, 2.2 Develop products and services- Relevance: 67%
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- Tallying the Benefits of S&OP
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More and more organizations are embracing sales and operations planning (S&OP) as a way of encouraging internal collaboration.
Type: Articles and White Papers Topics: Continuous Improvement, Business Excellence, Process, Sales and Operations Planning, Supply Chain Management, Supply Chain Planning, Product Management and Planning, Product Development Processes: 4.0 Deliver Products and Services, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.1 Develop production and materials strategies, 4.1.1.1 Define manufacturing goals, 4.1.1.5 Define capacities, 4.1.1.6 Define production network and supply constraints, 4.1.2 Manage demand for products and services, 4.1.2.1 Develop baseline forecasts, 4.1.2.2 Collaborate with customers, 4.1.2.3 Develop consensus forecast, 4.1.3 Create materials plan, 4.1.3.1 Create unconstrained plan, 4.1.3.5 Generate constrained plan, 4.1.4 Create and manage master production schedule, 4.1.6 Establish distribution planning constraints- Relevance: 66%
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- Standardize Elements of New Product Development
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Although every product may be different, standardizing the new product development process (and the tools used within it) streamlines the movement of products from ideation to market.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Management and Planning, Portfolio Management, Project Management Processes: 2.1.2.2 Identify potential new products and services, 2.1 Manage product and service portfolio, 2.1.2 Define product/service development requirements, 2.1.3.2 Develop new technologies, 2.1.3 Perform discovery research, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.2 Develop products and services, 2.0 Develop and Manage Products and Services, 2.2.1 Design, build, and evaluate products and services Industry: Chemicals, Electronics, Medical Equipment, Telecommunication- Relevance: 66%
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- New Product Development: Embracing an Adaptable Process (Report Overview)
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This article provides a summary of APQC's New Product Development: Embracing an Adaptable Process (Best Practices Report) . The report includes 10 best practices derived from extensive quantitative data and five s ...
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Management and Planning Processes: 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.2 Develop products and services- Relevance: 60%
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- Make New Product Development Visible within the Organization
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Successful New Product Development (NPD) requires contributions from all functions and levels of an organization.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Design, Product Management and Planning Processes: 2.0 Develop and Manage Products and Services, 2.2.1.3 Develop product/service design specifications, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.1.1 Evaluate performance of existing products/services against market opportunities, 2.1 Manage product and service portfolio, 2.1.2.2 Identify potential new products and services, 2.1.2 Define product/service development requirements, 2.1.4.1 Plan and develop cost and quality targets, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.4.4 Plan for product/service offering modifications, 2.1.5 Manage product and service life cycle- Relevance: 60%
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- Embrace Clear and Consistent Accountability for New Product Development
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When it comes to new product development, organizations need to make it clear who the decision makers are. It is vital that accountability is clearly defined at each level.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Design, Product Management and Planning Processes: 2.0 Develop and Manage Products and Services, 2.2.1.1 Assign resources to product/service project, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.2.1.2 Prepare high-level business case and technical assessment, 2.1 Manage product and service portfolio, 2.1.2.1 Identify potential improvements to existing products and services, 2.1.2 Define product/service development requirements, 2.1.3.1 Identify new technologies, 2.1.3 Perform discovery research, 2.1.4.1 Plan and develop cost and quality targets, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.5 Manage product and service life cycle, 2.1.5.1 Introduce new products/services- Relevance: 60%
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- Identify One Clear Owner for New Product Development
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One of the best practices is to identify a clear process owner for NPD. The uncertainty of the success of new products should be the result of the products themselves, not the process used to develop them.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Design, Product Management and Planning Processes: 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.2.1 Identify potential improvements to existing products and services, 2.1.2 Define product/service development requirements, 2.1.2.2 Identify potential new products and services, 2.1.3.3 Assess feasibility of integrating new leading technologies into product/service concepts, 2.1.3 Perform discovery research, 2.1.4.4 Plan for product/service offering modifications, 2.1.4 Confirm alignment of product/service concepts with business strategy, 2.1.5.1 Introduce new products/services, 2.1.5 Manage product and service life cycle, 2.1.5.2 Retire outdated products/services, 2.1.5.3 Identify and refine performance indicators, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services- Relevance: 60%
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- Identify a High-Level New Product Development Advocate or Champion
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One of the best practices is to ensure the organization appoint a high-level New Product Development (NPD) advocate or champion.
Type: Best Practices and Business Drivers Topics: New Product Development, Product Development, Product Design, Product Management and Planning Processes: 2.2.1.3 Develop product/service design specifications, 2.2 Develop products and services, 2.2.1 Design, build, and evaluate products and services, 2.1.2 Define product/service development requirements, 2.0 Develop and Manage Products and Services, 2.1 Manage product and service portfolio, 2.1.5 Manage product and service life cycle, 2.1.5.1 Introduce new products/services- Relevance: 60%
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