PD-Trak™ NPD Process ManagementNew product development (NPD) is a business process that needs to be defined and managed just as any other business process. A paper on the Capability Maturity Model for the NPD process describes the evolution towards an optimized NPD process. Characteristics of a well-managed NPD process include:
PD-Trak™ Process DefinitionPD-Trak™ includes our NPD Process-in-a-Box™, a process definition based on best practices and our extensive experience in assisting companies improve the new product development process. Our NPD Process-in-a-Box™ can be used as-is or can be compared to your existing NPD process and borrowed from. Either way, PD-Trak™ supports the definition of the NPD process with the following elements:
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