Developing specifications for new products


Problem 1: Procedures/processes contributing to the integration of standardization and simplification in developing specifications for new products.

Problem 2: How these procedures/processes contribute to the more effective and efficient development of these specifications? What is the role of purchasing and supply management professionals in the facilitation of these procedures/processes?

Problem 3: How can the use of cross-functional teams benefit the development of new or improve existing products?

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Finance Basics: Developing specifications for new products
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