Discuss on Process of New Product Development

Prime purpose of this article is to Discuss on Process of New Product Development. There are many steps involved in creating a new product that threatens to disrupt just how business is currently getting done. before plunging in it is important to note that product development is extremely different from manufacturing. Within manufacturing, nothing new has made. It is just several repetitive tasks that are repeated day in day out. In new product progress, an entire way to do things is created and designed. This article discuss some of the steps, like: Generating ideas, Screening the ideas and Laying out the process for product development.