New product introduction describes the entire process involved in launching new products from initial prototype to preparing to volume production. New products can be completely new designs or revisions of older products to cater to new markets.
An effective NPI plan requires efficient communication between project managers, engineers and contract manufacturers on all levels and the benefits include faster time to market, lower costs, fewer defects and production obstacles and greater efficiency.
Launch products fit for market with speed and efficiency with HQ Electronics’ NPI expertise