The speed and agility with which companies develop new products has a clear impact on their competitiveness and profitability. Miss a product launch date—which research from Tech-Clarity indicates happens 45% of the time—and your window of market opportunity might be shut. That translates to less profits and possibly even lost customers. The reality that time-to-market demands have increased for two-thirds of manufacturers only compounds the problem.
How can manufacturers meet these challenges? A recent research-based report, “How to Stop Missing Product Development Due Dates” from Tech-Clarity outlines the best practices of top-performing companies and explains how all companies can adopt the tools and the processes necessary to get new products to market faster.
Download the report to learn:
- If you should prioritize individual productivity or process efficiency
- Best practices of “top performers” in new product development (NPD)
- The importance of a digital thread throughout all phases of product development
- How poor collaboration results in significant time-to-market delays