Collaborate with Suppliers for Accelerated Development of Innovative Products

This paper will present manufacturers ways to use collaborative tools to accelerate development of innovative, compelling and cost-effective products. It will discuss the importance of this emerging collaborative-commerce (c-commerce) market and how companies can leverage this technology to focus on their core competencies for delivering industry-leading products and outsource as appropriate to their design chain partners, as well as maximize the expertise contained throughout these partners. While many companies realize the importance of collaborating over the Web, they do not appreciate that c-commerce and Collaborative Virtual Product Development (CVPD) are no longer competitive differentiators, but competitive necessities.