NPI Velocity in Discrete Manufacturing: The Hidden Cost of Late Products
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REPORT
NPI Velocity in Discrete Manufacturing: The Hidden Cost of Late Products
New Product Introduction in
Discrete Manufacturing:
The importance of hitting time to market goals
  • Almost half of total revenue comes from new products (44%)
  • Products that are released on-time result in 72% higher profit margins
  • Discrete leaders that have implemented PPM have seen 18% more of their projects reach the expected ROI
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HIGHLIGHTS
This report from the Aberdeen Group explores the New Product Introduction (NPI) process among discrete manufacturers. Specifically, the importance of hitting time to market goals on new products, and how companies can achieve this by getting control over their Project Portfolio Management (PPM) process.