New Product Initiative (NPI) Best Practices
A Supply Chain Innovation Series Deep Dive
“Driving Incremental Value through Proactive Supply Chain Leadership”
A White Paper by the University of Tennessee Global Supply Chain Institute
Sponsored by Bush Brothers and Company
More Information on this White Paper
What's Inside
“In benchmark organizations, supply chain leaders influence business leaders
to include innovation strategies at the brand and technology level.”
The supply chains of global businesses are experiencing unprecedented complexity due to international regulations, acquisitions, new retail channels, heightened consumer expectations, and shareholder demand for cost savings. To succeed despite these supply chain challenges, effective leadership and early decision-making are required.
Naturally, the role of the supply chain leader has evolved significantly over two decades, with a growing emphasis on the ability to lead and influence multifunctional processes. This is especially true in new product initiative (NPI) processes. This white paper emphasizes the importance of supply chain leaders developing their skills to lead NPI.
The findings of our Global Supply Chain Institute research team provide insights, benchmark best practices, and a case study on SKU complexity. The results highlight the need for supply chain leaders to proactively engage in processes like NPI to drive overall and incremental value.
Download this white paper to explore:
- Important terms, figures, and insights on New Product Initiatives (NPI)
- Findings from a comprehensive NPI survey
- Expert POVs on defining the emerging role of supply chain leaders
- Nine supply chain best practices from benchmark organizations for enhancing value creation through NPI
For more in-depth, industry-focused white papers from the Global Supply Chain Institute (GSCI) at the University of Tennessee, Knoxville, visit this web page. Recent papers produced by the Advanced Supply Chain Collaborative, an initiative of GSCI, engage industry experts and UT faculty to explore and report on advanced concepts in supply chain management and innovation, including supply chain agility, last-mile and reverse logistics, and more.
Who This White Paper is Primarily For: Supply Chain Managers, Supply Chain Planners, Corporate CEOs, Supply Chain Professionals, Chief Supply Chain Officers, Chief Procurement Officers, Supply Chain Leaders, and Supply Chain Students.