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Average Time Spent on Each Stage of the New Product Development Process.

Average Time Spent on Each Stage of the New Product Development Process.

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This paper reports on the new product development practices of the U.S. confectionery manufacturers. A mail survey method was used to collect data. Confectionery manufacturers, specifically, new product development managers listed in the Thomas Food and Beverage Marketplace were contacted. A donation to charity on behalf of the respondents was used...

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Context 1
... confectionery manufacturers spent 9.2 months on average to develop a new product. The most of the time was spent on product development (5.6 months) and business analysis (4.7 months) stages and the least amount of time was spent on product use, field, market testing (3.2 months) and concept screening (3.3 months) stages (Table 3). Innovative products took 27.5 months on average to develop while modifications took only 3.8 months (Table 4). ...

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