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How to build a successful product development strategy

IBM Supply Chain Blog

To remain competitive in today’s relentlessly paced and ever-expanding marketplace, companies must think carefully about what products they’re developing and how they’re developing them, continuously iterating their processes to maintain a competitive edge. These seven stages of product development are: 1.

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Over 75% of Companies Consider Using Tech to Improve Product Development

Supply Chain Brain

Responders raised concerns about workforce productivity with 62% of interviewees claiming they are training existing staffers in order to enhance their skills and productivity.

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Thought leader: How to get early supplier involvement right

Procurement Leaders

Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu.

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CPO Crunch: What does the future hold?

Procurement Leaders

It’s a fascinating blueprint for how procurement is being viewed as a catalyst for sustainability – supporting the strategic involvement of suppliers in product development while embedding ESG across core business, and I’ll be watching developments with interest.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

You'll also find out how the transformative power of synergies and collaborative innovations in product development can help companies cut down costs significantly. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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PMI’s approach to collaborating cross-functionally to transform its new product strategy

Procurement Leaders

With the company rapidly becoming a leader in smoke-free products, including heated tobacco devices and e-cigarettes, it successfully built a supply base in the highly competitive electronic devices market. Product Creation – led by product development. Implementing a new operating model. New team structure.

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Watch: I Need to Add Automation. So, Now What?

Supply Chain Brain

An executive summary of a Locus Robotics and SupplyChainBrain webinar about the state of automation in the warehouse, with Neil Bentley, Locus’s senior director of product development.

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Path to Becoming a CFO: David Goulden, CFO at Booking Holdings

Speaker: David Goulden, CFO at Booking Holdings, and Jeff Epstein, Veteran Tech CFO

Having acted as CEO at EMC Information Infrastructure after working in sales, engineering, and product development within the EMC Corporation, as well as COO for the Americas and Asia Pacific at Getronics N.V. His path to CFO is not the typical story of CPA/accountant or investment banker that we normally see.