What is New Product Introduction (NPI)?
New Product Introduction (NPI) is the series of steps products pass through in order to get a released product design from prototype to the marketplace.
You’ve probably heard before how establishing a solid plan for new product introduction (NPI) can help you meet cost, quality and scheduling goals, but the benefits don’t stop there. A good new product introduction plan is the foundation of any successful product launch and often helps boost sales and encourage company growth down the road.
If you’re about to launch your product, the tidbits of advice and guidance in the newest and free Product Realization Group (PRG) whitepaper—New Product Introduction: Seven Best Practices—are for you. In this whitepaper, you’ll find the seven best ways to establish a solid new product introduction process and learn how to recognize the red flags to watch out for.
UPDATE: Arena's NPI Best Practices
Getting a new product ready for release is an intimidating process. That's why we've put together an updated list of best practices for new product introduction to ensure that your NPI processes are smooth and efficient.
Need More Help?
Check out our Guide to New Product Introduction for even more free advice on essential elements of the NPI process.
Who is the Product Realization Group?
The Product Realization Group is the first and only one-stop shop for product lifecycle services for the high tech industry. As our trusted partner, PRG has enabled rapid and cost effective introduction of products to the market, regulatory compliance, manufacturing, service, and lifecycle support for over 400 technology companies, and tailors its services to fit the size and profile of each client.
If you’d like more information on the Product Realization Group, visit http://www.productrealizationgroup.com