New product development

Every new product will pass through a series of stages/phases, including ideation among other aspects of design, as well as manufacturing and market introduction.

The process for managing large-scale complex engineering products is much slower (often 10-plus years) than that deployed for many types of consumer goods.

Fuzzy front-end (FFE) is the set of activities employed before the more formal and well defined requirements specification is completed.

Requirements speak to what the product should do or have, at varying degrees of specificity, in order to meet the perceived market or business need The fuzzy front end (FFE) is the messy "getting started" period of new product engineering development processes.

[6] It is the phase between first consideration of an opportunity and when it is judged ready to enter the structured development process (Kim and Wilemon, 2007;[7] Koen et al., 2001).

[4] It includes all activities from the search for new opportunities through the formation of a germ of an idea to the development of a precise concept.

Using the guidelines established here, resources will eventually be allocated to new projects, which then leads to a structured NPPD (New Product & Process Development) strategy.

Here extensive efforts may be made to align ideas to target customer groups and do market studies and/or technical trials and research.

The process of the idea genesis can be made internally or come from outside inputs, e.g. a supplier offering a new material/technology or from a customer with an unusual request.

During this part of the front-end, the business case is developed based on estimates of the total available market, customer needs, investment requirements, competition analysis and project uncertainty.

[9] In a glossary by the Product Development and Management Association,[10] it is mentioned that the fuzzy front end generally consists of three tasks: strategic planning, idea generation, and pre-technical evaluation.

Cooper (1988)[12] it describes the early stages of NPPD as a four-step process in which ideas are generated (I), subjected to a preliminary technical and market assessment (II) and merged to coherent product concepts (III) which are finally judged for their fit with existing product strategies and portfolios (IV).

On the marketing and planning side, this phase ends at pre-commercialization analysis[clarification needed] stage.

PHASE 3: Product implementation often refers to later stages of detailed engineering design (e.g. refining mechanical or electrical hardware, or software, or goods or other product forms), as well as test process that may be used to validate that the prototype actually meets all design specifications that were established.

When the concept design is finished it will be sent to manufacturing plant for prototyping, developing a Concurrent Engineering approach by implementing practices such as QFD, DFM/DFA and more.

[17] Basically, the design team will develop drawings with technical specifications representing the future product, and will send it to the manufacturing plant to be executed.

Solving product/process fit problems is of high priority in information communication design because 90% of the development effort must be scrapped if any changes are made after the release to manufacturing.

The seven steps of the BAH model are: new product strategy, idea generation, screening and evaluation, business analysis, development, testing, and commercialization.

Consultants Mary Drotar and Kathy Morrissey first introduced ExPD at the 2015 Product Development and Management Association annual meeting[20] and later outlined their approach in the Product Development and Management Association's magazine Visions.

[24] According to Kirkus, "the (approach the) authors advocate is outwardly focused and premised on being adaptable enough to develop new competencies and create new models as complex situations evolve."

The concept adopted by IDEO, a design and consulting firm, is one of the most researched processes in regard to new product development and is a five-step procedure.

Stage-Gate model:[a] a pioneer of NPD research in the consumers goods sector is Robert G. Cooper.

[27] The 2010 APQC benchmarking study reveals that 88% of U.S. businesses employ a Stage-Gate system to manage new products, from idea to launch.

[33] Having a way in which employees, suppliers, distributors, and dealers become involved in finding and developing new products is important to a company's success.

[citation needed] A cross-functional innovation management committee is a team of individuals from different company departments, including marketing, engineering, design, manufacturing, and research and development, who are responsible for overseeing and managing the new product development process.

Companies may get a better overall picture of new product development by putting together a cross-functional team, which can help generate fresh ideas and give assistance in evaluating them.

In difficult economic times, it is even more important for companies to focus on innovation and new product development.

In difficult economic times, it is even more important for companies to focus on innovation and new product development.