Bring Your New Products to Market Faster & More Efficiently
Competitive pressures, cost challenges and increased customer expectations are driving companies to improve their New Product Introduction (NPI) processes. Their objective? Execute the cross-functional business-focused NPI process in a way that brings new products to market more effectively. While methodologies such as PACE®, Stage-Gate®, IPD, and others are helping companies formalize and improve this critical process, they only take you so far.
What's missing is a solution that enables all constituents to speak a common language, automate and streamline the process, expose performance bottlenecks, drive consistent execution and continuous improvement, and provide management visibility into the product development pipeline.
PTC's Product Development System (PDS) employs a powerful workflow engine that automates many business processes to streamline execution and repeatability while removing distance barriers. Configurable and reusable process templates guide product development teams and include best practice and benchmark-based project plans, standard document templates, teams, roles, gate review deliverables, and more.
