• Leadership recognizes that the engineering team that supports the product line is probably the group most knowledgeable ...

New product development costs fall under the categories of research or development, known as "R&D." Research involves gathering data about a new product or technology, ...

With all AI related to New Product Development & Marketing, it’s early days full of experimentation & important learnings. To explore the latest and most promising use cases, I spoke with ...

Software company Senspire demonstrated its all-in-one product development platform, Flavor Studio, at the Private Label Manufacturer Association event earlier this month, showing how product ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic ...

In product development, generative AI is aiding conceptualization. Generative AI is ideal for amalgamating a host of techniques, processes, and known solutions into new ideas and configurations ...

WESTMINISTER, COLO. — New product development is returning to normal in 2023 after taking a backseat to addressing and resolving significant supply chain disruptions the past few years ...

When firms are looking to grow their business and reduce their dependency on one type of product or service, they need to ...

Best practices in new product development: what separates the Best from the Rest? No single one practice is sufficient for greater innovation performance, say the researchers, overviewing the ...

They also need a new paradigm that overcomes the flaws of traditional product development methods. One promising solution is digital thread technology. Traditional product development: too opaque ...

Focusing on how a potential offering makes sense for the business as a whole can help guide efficient product development. Published Apr 13, 2023 at 1:00 PM EDT Yan Krukau/Pexels ...