A new product introduction strategy is the foundation of any successful product introduction and often helps boost sales and encourage company growth down the road. PROLIM New Product Introduction (NPI) solution streamlines and automates the product introduction process enabling enterprise organizations to bring better products to market faster while maximizing profitability.
Competitive stresses, cost challenges, and increased customer expectations are driving companies to improve the way they develop and introduce products to the market. Whether you’re cultivating internally born ideas, or trying to respond to customer requirements and market demands, the new product introduction process can help. It enables all constituents to speak a common language. It automates tasks, exposes performance bottlenecks, and drives consistent execution and continuous improvement. And, it provides management visibility into the product development pipeline. Since NPI is so intertwined with other product development processes, its adoption and execution significantly influences your potential for success.