new product development (NDP)
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Product Life Cycle Management and Its Influence on Food Product Development
Abstract: This article examines the significance of product life cycle management (PLM) in the food industry, with a particular focus on how it affects the development of new products (NPD). This review addresses the intricacies and difficulties that food companies have in the current cutthroat industry, emphasizing the necessity of an organized approach to NPD to preserve market relevance and competitive advantage. Reviews describe the introduction, growth, maturity, and decline phases …
Published in Research and Reviews : Journal of Crop science and Technology · Vol. 13, Issue 2, 2024 · pp. 24–31 Read article