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Product Development

ALSO CALLED: New Product Introduction, Electro-mechanical Product Development, NPI, Product Development Methodologies, Product Development Strategies, New Product Development, and NPD
DEFINITION: Product development is a broad field of endeavor dealing with the design, creation, and marketing of new products. Sometimes referred to as new product development (NPD), the discipline is focused on developing systematic methods for guiding all the processes involved in getting a new product  … 
Definition continues below.


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A Robust Idea-to-Launch System for Conceiving, Creating & Delivering New Products
sponsored by CA
WEBCAST: Listen to the first of this three-part webcast series with Dr. Robert G. Cooper, President of the Product Development Institute, as he discusses how to quickly and efficiently conceive, create and deliver new products.
Posted: 17 Dec 2008 | Premiered: Available On Demand
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TOPICS:  Business Intelligence | Marketing Information Systems | Product Development | Product Management | Risk Assessment | Risk Management
Machine Design Webcast Replay: Design Reuse in Product Development
sponsored by PTC Small/Med Product Development
WEBCAST: Join Machine Design and PTC for an exclusive webcast replay and take an in-depth look at today's best practice strategies for design reuse.
Posted: 30 Oct 2008 | Premiered: Available On Demand
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TOPICS:  Best Practices | Database Performance Management | Machine Tools | Performance Testing | Product Development | Product Management | SMBs | Strategic Planning
Machine Design Webcast Replay: Best Practices in Reducing Production Scrap and Rework
sponsored by PTC Small/Med Product Development
WEBCAST: Join Machine Design and PTC for an exclusive webcast replay and take an in-depth look at today's best practice strategies for reducing production scrap and rework.
Posted: 30 Oct 2008 | Premiered: Available On Demand
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TOPICS:  Best Practices | Change Management | Engineering Services Industry | Manufacturing | Manufacturing Industry | Product Development | Product Management
 
PRODUCT DEVELOPMENT DEFINITION (continued): …  to market.

There are a number of organizations dedicated to supporting product development professionals, such as the Product Development and Management Association (PDMA) and the Product Development Institute (PDI). According to the PDMA, the organization's mission is "to improve the effectiveness of people engaged in developing and managing new products - both new manufactured goods and new services. This mission includes facilitating the generation of new information, helping convert this information … 
Product Development definition sponsored by SearchCIO-Midmarket.com, powered by WhatIs.com an online computer dictionary



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