PRODUCT DEVELOPMENT
In business and engineering, new product development (NPD) is the term used to describe the complete process of bringing a new product or service to market.
There are two parallel paths involved in the NPD process: one involves the idea generation, product design, and detail engineering; the other involves market research and marketing analysis.
Companies typically see new product development as the first stage in generating and commercializing new products within the overall strategic process of product life cycle management used to maintain or grow their market share.
These steps may be iterated as needed. Some steps may be eliminated. To reduce the time that the NPD process takes, many companies are completing several steps at the same time.
Most industry leaders see new product development as a proactive process where resources are allocated to identify market changes and seize upon new product opportunities before they occur.
Many industry leaders see new product development as an ongoing process (referred to as continuous development) in which the entire organization is always looking for opportunities.
Fulfillment
Fulfillment, also known as order fulfillment or product fulfillment, is the process where by a person or company fulfills their obligations to send a person an item or product that the person has ordered, purchased, or requested from the organization.
Fulfillment typically will refer to the services provided by a company that offers to store, receive the orders, package, and then ship the ordered item to the end consumer.
Work with a fulfillment services company that takes care of your inventory as well as your budget.
If you are seeking a 3rd party company for warehousing, assembly and fulfillment services, come and see the difference. In short, we are great at what we do, we are proactive in our approach, we help our clients succeed by staying within budget, and we take great care of our clients\' inventories.
Advanced operating systems, refined processes and controlled overheads all help to keep expenses within budget and inventory safely protected from losses and damages. Our technology systems, programming resources and user-friendly tools allow businesses to manage product fulfillment operations from their desktops with outstanding results.
Solutions offered for both Business-to-Business (B-2-B) and Business-to-Consumer (B-2-C) clients, including Pick and Pack, Product Fulfillment and Distribution, Pack-out / Assembly, Order Management, Inventory Management, Logistics and Returns Processing services.
Each day, we process thousands of orders for product fulfillment and premium merchandise distribution using a variety of data feeds, such as real time processing through API calls, batch order files in most all formats, EDI, Fax, Phone, and Mail. Upon arrival, mail and fax orders are immediately keyed in for expedient processing. All call center and website/e-commerce orders are immediately imported into our fulfillment system for real-time order processing and lightning-fast shipping.
Warehousing - Storage and warehousing
A fulfillment company stores items until an order for the item comes in.
These "pickers" will then wander the warehouse to the location of the individual items, and pull them from the warehouse shelves to prep for shipping. With the "picker" taking the items in the order manifest back to the packing station, another employee known as a "packer" will then check to make sure all items in the order manifest are present and then begin the packaging process.
Packaging - Pick and pack services
Pick and Pack is the process of selecting items currently being stored by the fulfillment company to prep for shipping. Companies have employees known as "pickers" that will receive an order manifest. Packaging of the product according to its type is then performed, a packaging slip is attached, and the product is labeled with address identification of where the item is to be shipped.