New Product Introduction (NPI) and The Technology and Application of Essay

New Product Introduction (NPI) and The Technology and Application of Programmable Logic Controllers (PLCs) - Essay Example When a given company realizes that their products are comprehending competitions from other emerging opponents, the entire corporation within an institution raises awareness of its members and departments which may be out of the business cycle, unites them together and decides to provide another product that goes parallel with what they are doing for the purpose of harmonizing the company reputation. However, new product introduction is a process that needs time management; thus, while the entire team realizes competition, they work promptly to avoid resilience in marketing with an aim of producing a synchronized, qualified and timely fashionable product (Bernstein, 2001). Computer aided engineering in regard to its design, analysis and manufacture creates competence when included in the new product introduction process. As we consider technology globally, many companies worldwide use specialized computer aided software that helps various investors and entrepreneurs to scrutinize the growth of their business, manipulates customers’ feedback and competition within a given region; hence, the essence of effectiveness and time is addressed when technology is instituted within this process (Bernstein, 2001). Computer aided engineering is a process that encompasses the design work of given special software by specific manufacturers with an aim of creating substantial programs that can solve a given problem that people are facing globally. A manufacturer includes, at times, a single company or a group of companies that comes up with a given idea arising from their research, thus, creating software that can be run in a computer based operating system, and this program should meet both their design policies and computer requirements (Russell, 1985). Computer aided engineering professionals are capable of creating sensitive programs using special software. This software is designed in a special manner that can make various analyses within the shortest