Three Steps to Launch New Products for Optimum Results
The article describes the necessary steps to prepare for a successful new product launch. The steps include preparing scenario forecasts (instead of point forecasts), negotiating a flexible contract with suppliers, and quickly dropping products that are not providing enough margin.
From Issue:
How Does BASF Group’s Chemical Intermediates Division Use S&OP for New Product Introductions?
(Fall 2017)
IBF Journal Article by Bram Desmet, originally published in Fall 2017
Three Steps to Launch New Products for Optimum Results