A Guide to Strategic Supplier Management in New Product Development

Technician working on printed circuit board assembly (PCBA) with soldering tool.

Developing a new product is a complex and dynamic process that requires the collaboration of multiple stakeholders, including engineers, designers, suppliers, and regulatory bodies. One key to successful new product development is managing suppliers effectively, ensuring they meet the required quality standards, cost targets, and delivery schedules. This guide will outline five phases of new […]