Peeking into the future of new-product development, we see a highly collaborative, virtual environment designed to speed time to market, increase innovation, improve quality and reduce overall development costs. While business investment over the last few years has favored production, enterprise and customer applications, manufacturers are now investing in tools to support product development. A look at the systems and strategies leading-edge companies are rolling out can benefit any company looking to differentiate itself in the future via new product innovation. Though development systems are highly specialized to specific products, a core of major components likely will be present for all, supporting real-time collaboration of a fully integrated cross-functional product creation team within a supply chain:
Voice your opinion!
Voice your opinion!
To join the conversation, and become an exclusive member of IndustryWeek, create an account today!
Sponsored
Sponsored