Helping new product companies develop products more efficiently, hit markets faster.

In the field of new product development or NPD, the word 'new' is a bit misleading. Actually, most customers need either product variants or reconfigurations of existing products - new product concepts are few. As technology advances, markets change and this is reflected in what the customer wants.

Prototype to Production

In theory, a product development team should be able to dig into its project archives to tweak, modify or add where necessary. But this is not the reality for Indian NPD companies. The product configuration, design and development process is done manually, and from scratch - every time.

Thus human errors are high, mistakes are repeated, quality is difficult to ensure - and most importantly, development time is very long. Strip down, don't build up.

A solution is needed that will exploit the changing nature of the industry, a company's past experience and modern IT. Such a solution would focus on enabling the development cycle to cut down development costs, enforce quality standards (like ISO 9000, TQM, TPM, KAIZEN, SIX SIGMA, SAFETY Standards, ISO 14000) and significantly reduce development cycle time.

Is there a solution?

How about a solution that offers catalog-based design - i.e. where a product can be designed by modifying a template, or eliminating unnecessary components form a superset of all possible components, or changing only the required variants - instead of 'building up' component by component?

How about a solution that offers online access to all permutation and combinations of components, so that choosing the right one is a simple 'click'?

How about a change management process that automatically shares ALL documentation with ALL groups - and even updates ALL changes automatically?

Want to know more about a solution that offers all the above and more?
Learn about WRENCH-NPD.
It will reinvent the way you do business.