Releasing a new product is not a task to take lightly. If the product does not sell as planned, it is a wasted investment in advertising, inventory costs and manufacturing. To avoid this scenario, it ...

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. More ...

How many new products do you think brands and retailers create annually? Here are some examples. Zara releases about 20,000 new styles every year. And Ikea claims to develop over 2,000 new products a ...

To decrease the possibility of failure, medical device companies must employ critical thinking, risk process point analysis, and control measures. Walt Murray In the medical device industry, the life ...

Businesses around the globe are under pressure to shorten their product development cycles while reducing cost and maintaining quality. This is due to relentless competition, high customer ...

Product development brings with it many misconceptions about what the process is truly like and how to ensure you're getting the most out of those you've hired to help. Be it product design, ...

Integrating your major suppliers into the new product development process can shorten development times and reduce risk. A strategy to perform such an integration effectively has to ensure suppliers ...

Google has long been known as the leader in email, but it hasn’t always been that way. In 1997, AOL was the world’s largest email provider with around ten million subscribers, but other providers were ...

A strategy meeting with a client. When manufacturers need to get to those breakthrough ideas—and not just once, but regularly—partnering with a product development company can help. But if the process ...