Innovating in Product/Process Development [electronic resource] : Gaining Pace in New Product Development / by Mikel Sorli, Dragan Stokic.

Product/Process Development -- Innovation in Product/Process Development -- Product/Process Development Process for the Twenty-first Century -- ICT Tools and Systems Supporting Innovation in Product/Process Development -- ICT Tools for Collaborative Product/Process Design and Innovation Process -- Future Trends.

Innovation is a critical factor in any company’s success, and the need to get innovative products quickly on the market is just as important. Innovating in Product/Process Development demonstrates how to achieve true innovation in product development, and how to launch a new product in the quickest and cheapest way. Companies able to master the development process will launch their product at the optimum moment in order to achieve the highest possible levels of acceptance on the market – and will not exceed their budget by doing so. The new approach to product development proposed in this book is based on the most recent research in the field. It suggests the integration of several tools that are currently only used independently, with the aim of stimulating the creation of innovative ideas in general, and specifically in the areas of product/process improvements and problem solving. Innovating in Product/Process Development explores different aspects of innovation processes in twenty-first century industry from a global economic perspective. It presents in detail several approaches to support these processes, from ICT-based systems to collaborative working environments, all of which will be of interest to MBA or advanced students; researchers; and design teams charged with the creation of new product lines.