All about flow chart of textiles

Flow Chart of New Product Development

Flow Chart of New Product Development
Mayedul Islam
Merchandiser at Fashion Xpress Buying House.
Badda, Dhaka, Bangladesh.
Email: mayedul07@gmail.com



New Product Development:
New product development is a process which is designed to develop, test and consider the viability of products which are new to the market in order to ensure the Growth or survival of the organization. This process starts from idea generation and continue till pricing. Flow chart of new product development is given below.
Flow Chart of New Product Development
Flow Chart of New Product Development

Idea Generation

Idea Screening

Concept Development and Testing

Business Analysis

Market Testing

Technical Implementation

Commercialization

New Product Pricing