While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

How many new products do you think brands and retailers create annually? Here are some examples. Zara releases about 20,000 new styles every year. And Ikea claims to develop over 2,000 new products a ...

Releasing a new product is not a task to take lightly. If the product does not sell as planned, it is a wasted investment in advertising, inventory costs and manufacturing. To avoid this scenario, it ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic. More ...

FMEA has several variants that allow for minimizing risk throughout product development. Design FMEA is a handy means of ...

All product categories have a specific life span called the product life cycle. The product life cycle can pertain to unnamed products as well as those associated with a specific brand name. Many ...

Tim Penasack, president at MESH01, brings over 20 years of corporate strategy and business development experience to the SaaS space. Product testing has long been associated with global brands—from ...

Businesses around the globe are under pressure to shorten their product development cycles while reducing cost and maintaining quality. This is due to relentless competition, high customer ...

Product development may be understood generically as all the things that happen from the initial conception or invention of a product to the point when a product is launched into the market. It can ...

[Editor’s note: This is part of a series we’re writing about branding for startups. Join our latest initiative to find the best brand designers and agencies in the world who work with early-stage ...