A Holistic Approach to New Product Development: New Insights

  • Tracey M
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Abstract

The literature for some time has endorsed a participative approach to new product development. Nonetheless, practice still seldom follows theory. The production, purchasing and logistics areas, as well as suppliers and customers, continue to be underrepresented at many manufacturing firms. This research provides empirical support for including these parties early in new product development. It demonstrates the positive impact their participation can have on manufacturing efficiency and agility, delivery service and organizational performance. It also reveals that there is ample room to increase their participation at many firms. ABSTRACT FROM AUTHOR Copyright of Journal of Supply Chain Management: A Global Review of Purchasing & Supply is the property of Blackwell Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Author-supplied keywords

  • INDUSTRIAL management
  • LOGISTICS
  • NEW products
  • PRODUCT management
  • PURCHASING

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Authors

  • Michael Tracey

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