Operations
New Product Initiative (NPI) Best Practices
Addressing Complexity & Enhancing Value through Proactive Supply Chain Leadership
The role of supply chain professionals has evolved significantly over the past two decades. With increasing complexity, leaders have emphasized the importance of proactively influencing and leading multifunctional processes and decisions. This shift is particularly evident in new product initiative (NPI) processes. In this white paper, a research team with UT’s Global Supply Chain Institute surveys and interviews industry executives, confirming the critical involvement of supply chain leadership in multifunctional NPI processes. It also defines the ideal of a modern-day supply chain leader and highlights supply chain best practices for enhancing value creation through NPI initiatives.