New Product Development (NPD) Process
Product development lifecycle times are becoming shorter and shorter to keep up with customer’s expectations and needs. A short lifecycle can optimize company’s strengths by tightening processes and cutting out extra steps.
New Product Development (NPD) is the process that converts an idea to a product from conception to market introduction. New product meant to fill a consumer demand or an opportunity in the marketplace which can be from a total new concept or taking an old product and redesign it with market needs. The regular usage of the NPD process brings a consistency in launching the right featured product with desired quality which assures the success of product into the market.
Objective of the workshop
Is to introduce SMEs and students in the process of NPD, New Product Development, which minimizes the risk of failures
Who can attend this workshop?
All SMEs and other Industries and also senior students would greatly benefit from this program.
What all will be covered in the workshop
- Need of NPD Process
- NPD Project segregation
- Roles and responsibilities of team
- NPD Process Overview
Benefits/Takeaways of this workshop for the attendees
Understand the steps to be followed to have a successful launch of product
Pre-requisites to attend the workshop
Those who are technical and involved in New Product Development would be apt.
Kapil C Pandey is Technology and management leader with 19+ years of diversified global experience in building cross functional teams in the areas of Embedded firmware development, Electronics hardware design, High Speed PCB Design, HMI design & Development, IoT & connected solutions with expertise in end-to-end product design/development, Innovation and advanced development with 6 patents in the journey. Developed multiple products which are launched and running successfully in the market like – Mercury, OCU, COPS, Smart CDR and CVS.
Kapil C Pandey
SME – Electronics and Embedded Product development