IFAI Expo 2019

Stage Gates or Funnels? Innovation Management and New Medical Textile Product Development (Room S210A)

01 Oct 19
2:00 PM - 2:50 PM

Tracks: Advanced Textiles Conference

Medical textiles, one of the largest categories within the field of technical textiles, have a broad range of applications. What specific steps are required to develop a new medical textile product or a new technology, and what expertise does one need on the new product development (NPD) team? What challenges does the team face and how best should the product development process be managed? Does one need a "Stage Gate" approach, a "Value Chain" approach, or an "NPD Funnel" to optimize the product development process? How does one maintain progress within the available resources and manage risk and uncertainty with confidence? These are the issues that will be addressed in this concept to launch presentation. It will take an idea conceived in the clinic; engineered into prototypes; evaluated by experts, stakeholders and end users; scaled up by production engineers; approved by regulatory agencies; and eventually launched by marketing and sales representatives.