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product development is that of a highly dispersed process that capitalizes on the skills and insights of people and organizations spread throughout the entire world. However, the benefits of dispersion come at a cost.
The new product development process is all about creating and defining the next new product. It involves lots of change at all levels of the BOM and NPD steps are often reiterated. By managing changes with basic processes or even a revision control system in place youâll stop wasting time on tasks like looking for the right documents.