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product development

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BNET Business Dictionary

Product Development
the revitalization of a product through the introduction of a new concept or consumer benefit. Product development is part of the product life cycle. The...
Product Development definition on BNET »

BNET Resources

Use "Prediction Markets" and Tap Internal Expertise
Ever realize just how much savvy information is available in your organization? Ever wonder just how far you could take your company as CEO if you could only tap it? The latest McKinsey Quarterly (requires subscription) has a useful primer and group discussion on a practice known...
Tags: Strategy, Peter Galuszka, McKinsey & Co.
Blog posts 2008-05-02
New Product Innovation Case Study: Maytag Corporation
Learn best practices in product innovation from Maytag, a top-performing corporation. Since 1994 Maytag Corporation has made significant annual capital investments that have led directly to demonstrable and superior product innovations in its strongest brands. Superior product performance reinforces brand positioning; product and brand positioning drive average...
Tags: Branding, APQC, Maytag Corp., product innovation, brand, product development, pricing strategy
Case studies
Setting Ad Budgets: The Strategic Approach - A White Paper for Marketing Professionals
If one wants to double the profit margin (how ambitious) and market share (how very ambitious) over the next two years. To achieve this audacious goal, one needs to invest - in human capital, in more efficient machinery and/or equipment, in product development, and in advertising. This paper talks about...
Tags: human capital, advertisement, profit margin, product development, motivation, ROI, marketing, strategy
White papers
Cutting-Edge Containers
It may be true that it is what's inside those counts, but what holds "it" is often equally as important. Packaging, ever so tied into product development and marketing, encompasses an increasing array of formats for today's diverse lineups of dairy products. In particular, bottles, jugs and cartons, which for...
Tags: Stagnito Communications, bottle, product development, processor, marketing
White papers
Accenture Case Study: WilliamsF1
Williams F1 is one of the world's leading manufacturers of Formula One race cars and a nine-times Formula One World Constructors champion. In existence since 1977, the WilliamsF1 name exemplifies excellence. Accenture and WilliamsF1 have a unique relationship, which is now in its ninth consecutive year. This includes both a...
Tags: Accenture Ltd., product development, e-business, partnership, team, performance
Case studies
Aftersales and Service Monitor 2004 - German Capital Goods
Capital goods manufacturers have been facing increasing pressure to tap new turnover and revenue sources. The difficult state of the economy, consumers' current reluctance to purchase, rising costs and narrowing margins are forcing manufacturers to conduct a thorough review of their value-added structures. They must also identify new ways to...
Tags: Accenture Ltd., product development
White papers
Analysis and Simulation Solution From IBM
Adam Opel AG specializes in the development and manufacturing of passenger cars for the General Motor Corporation. An analysis and simulation solution from IBM helped Opel improve its turnaround time by more than 300 percent for large-scale simulations. Computer aided engineering analysis enables Opel to model crash simulations of cars...
Tags: PRODUCTIVITY, analysis, product development, IBM Corp., manufacturing, computer
White papers
Sage Software Case Study: Aspyra, Inc.
Disparate systems had created silos of information and reduced ability to provide highest quality customer service for Aspyra. The company implemented an integrated Sage CRM SalesLogix and Sage MAS 90 ERP solution to connect and improve sales, support, finance, and product development functions. This streamlined and integrated key business processes...
Tags: Sales strategy, Product marketing, Best Software, Aspyra Inc., product development, finance, customer satisfaction, business process, sales
Case studies
Amateurism Hurts PR Field: We're Our Own Worst Enemy
Well developed press materials can be a powerful part of a firm's total public relations program. They get information on the company's product developments, services, personnel changes, and financial reports where they will do the most good ... to the pertinent publications and on target e-zines. Knowing this, it's appalling...
Tags: public relations, ezine, product development, financial
White papers
Innovation Challenge
This article describes about innovative challenges to investigate ingredients in beverages. Recent improvements in whey fractionation promise to extend product development possibilities with nutritional and functional ingredient options. This Innovation Challenge investigates the potential of whey ingredients in pre-sport, after-sports, and nutraceutical and meal replacement beverages. An interesting dairy research...
Tags: Food & Beverage, Product marketing, Dairy Management Inc., product development, beverage
White papers
Unichem 7424 Antifoulant Eliminates Gas Compressor Fouling
A west Texas gas plant experienced plugging problems creating a pressure drop throughout the plant, restricting gas flow. This plant processed 12 to 14 MMCFD of wet gas with an inlet pressure of 140 psig and an outlet pressure of 85 psig. Analysis of the deposits restricting the flow revealed...
Tags: product development, analysis
Case studies
Unichem 7217 Desalting Aid Dramatically Reduces Use Rate
A western U.S. refiner felt high demulsifier usage rates were a significant problem deserving of attention. The refiner was assured by their supplier that the treatment rates were necessary for their system to achieve the desired level of performance. The BJ Chemical Services' product development team determined that usage rates...
Tags: Performance management, product development, performance, supplier
Case studies
BJ Chemical Case Study: Unichem 7217 Desalting Aid Breakthrough
A major North Texas refiner was utilizing a patented desalting application technique, which incorporated the use of a demulsifier to both the wash water and the crude oil. The refiner felt the technique was both efficient and economical. Therefore, they believed it would be difficult for BJ Chemical Services to...
Tags: product development, technique, benefit, performance
Case studies
Unichem 7213 Desalting Aid Improves Heavy Oil Desalting Process
A South American refiner had allowed several specialty chemical companies to attempt to treat difficult Boscan and Bachaquero crude feeds through an undersized, single-stage desalter The BJ Chemical Services' product development team determined that Unichem 7213 desalting aid could successfully treat the system. BJ Chemical Services' was provided the opportunity...
Tags: Engineering, product development, stock
Case studies
Friends Provident: Streamlining New product development
Friends Provident employed an in-house application to develop new business products and process new business quotations. The company wanted to reduce the product development time and enable quotes for multi currency products for their new business, customer services divisions and external distribution channels. Wipro helped Friends Provident build a single...
Tags: Product marketing, Wipro Technologies, New Product Development, product development, customer service
Case studies
Building Capacity for Eco-efficiency and DfE in the Automotive Parts Manufacturing Sector
As part of a partnership of public and private sector organizations, Five Winds International, Magna International, Industry Canada, Natural Resources Canada, 3M, University of Waterloo and the Auto Parts Manufacturers Association joined together to develop DfE tools for the automotive sector. The overall purpose of the project was to build...
Tags: PRODUCTIVITY, product development, manufacturing, training, partnership, technique, tool
Case studies
BorgWarner Emissions/Thermal Systems: Consolidating Three Engineering Organizations With SolidWorks
BorgWarner Emissions/Thermal Systems is a leading tier-one manufacturer of emissions control and cooling systems for automotive applications. The Thermal Systems group, which was created through the merger of Eaton, Kysor, and Schwitzer, faced the challenge of integrating the product development activities of three companies into one efficient organization.
Tags: Product marketing, SolidWorks Corp., product development, merger
Case studies
Without the Oil, Your Vision Will Seize-Up
The individual in organizations with the most to gain by project management is the CEO. If organizations are cylinders, then project management must be the "Oil". It is the one constant within and across all of the cylinders that provides the consistent delivery of strategic vision. It is the foundation...
Tags: Tools & Techniques, Strategy, project management, vision, Six Sigma, product development, leader
White papers
Taking Lean Manufacturing Beyond the Shop Floor
Manufacturers tend to spend a great deal of time looking at the concepts of lean manufacturing and Six Sigma and how they can apply on the shop floor. But on the whole, they've given far less thought to how they can benefit by applying lean principles in corporate "White spaces"...
Tags: TQM/Six Sigma/ISO 9000, Deloitte & Touche, Lean Manufacturing, Six Sigma, product development, business process, benefit, sales
White papers
Outsourced product development: Steps to Ensure Success
Successful launch of product development hinges heavily on cautious planning, unambiguous characterization, and effectual communication. The said elements become more crucial if a person wants product development outside the precinct of his or her company or organization. In order to completely define a person's outsourced product development projects and accordingly...
Tags: Product marketing, product development, outsource, analysis
White papers
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