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New Product Designs
(NPD)
New product development (NPD) process fulfils the integration
of strategy and technology considerations of the growing
need for a practical model. The
Process involved in NPD are
- Product Ideation
- Requirements definition and Analysis
- Understand dynamics and challenges in building the new product
- Prototype development
- Design and Development of the new Product
- Incorporating the product (if a part) into the whole assembly
- Identify the Issues of Assembly
- Fix the Design accordingly
- Re-implement the product in the assembly
- Get approval and flag to start manufacturing of the product
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