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Growth & Profitability through New Product Introduction
Objective
To prepare industries for achieving growth through "Make-In-India" opportunities by developing first time right new products with the shortest lead time with optimum cost.
Learning Outcome
- Importance of new product development for growth & profitability of the business
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Preparation of the 3S (Strategy, Structure & System) and Technology for product development
Course Outline
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The opening economy for "Make-in-India" and learnings from China
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What NPI (new product development) means to the industry, its objectives such as Lead time & First-time-right (FTR) quality
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Importance of new products in growth and profitability of the business
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Deficiencies in the current product development process
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As is process scenario - technical deficiencies, system deficiency and other resources
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What is the future state - Probable solutions
a.Technology of the product development process
b.The 3 S (Strategy, Structure & System) for product development
c.AIPMA's AMTEC resources for NPI (reverse engineering)
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Hands-on exercise for designing NPI process for your industry
Who Should Attend?
HODs and Managers from R&D, Product Development, Quality, Manufacturing, Engineering, Product Managers and Mold Design
