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2020 | OriginalPaper | Buchkapitel

48. Role of Product Development Process for NPD Success in Indian Manufacturing Industries: Quality, Cost and Technological Aspects

verfasst von : Sudeshna Roy, Nipu Modak, Pranab K. Dan

Erschienen in: Advances in Simulation, Product Design and Development

Verlag: Springer Singapore

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Abstract

‘MAKE IN INDIA’ necessitates the boost in Indian manufacturing industries to be involved in new product development (NPD) for achieving industrial sustainability. Product development process (PDP) is one of the most vital factors of NPD for developing new products as per customer demand. The successful adoption of PDP requires the top management support (TMS), external collaboration (EC) and market analysis (MA) to develop the suitable environment for successful NPD by producing the high-quality products with technological developments in reduced cost. This study develops a framework comprising of the aforesaid factors and measures by structural equation modelling (SEM) approach with the primary data collected from 263 experts of Indian manufacturing companies. The analysis infers that PDP is escalated by TMS, EC and MA to develop new products trading off among product cost, quality and technological developments for NPD success. The positive influence of TMS on EC has also been explored.

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Titel: Role of Product Development Process for NPD Success in Indian Manufacturing Industries: Quality, Cost and Technological Aspects
verfasst von: Sudeshna Roy
Nipu Modak
Pranab K. Dan
Verlag: Springer Singapore
Buch: Advances in Simulation, Product Design and Development
Print ISBN: 978-981-329-486-8

Electronic ISBN: 978-981-329-487-5

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-981-32-9487-5_48

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