Gillette - Developing and Introducing New Products Case Study

Gillette - Developing and Introducing New Products - Case Study ExampleWith regard to developing and introducing new products, Gillette knowledgeable from the Wilkinson Sword and Bic experiences to keep ahead of the marketplace by being proactive and searching for opportunities and demands that would satisfy the changing needs of the consumers. Gillette was slow in introducing coated innocent steel blades, despite knowing the technology, because by producing them, much of their manufacturing equipment would be obsolete. Further, they were hoping that the surge in consumer purchase for coated stainless steel blades would only be unstable and the market niche would be small. Therefore, firms making long-term investments in manufacturing and supply drawing string resources could face imminent threats of obsolescence due to technological breakthroughs and changing consumer demands and preferences.It is not generous for Gillette to simply design a razor that gives the best shave pos sible because new products emerge in the market due to technological developments and consumers have various(a) needs that have to be addressed. There would always be threats of new entrants or product substitutes that could give the same advantage and added features. Therefore, manufacturing helps maintain Gillettes market share by ensuring that ample research has been instituted that would make it difficult for competitors to copy the product and thereby give them the competitive advantage. By involving operations and supply chain personnel early in the development stage, various inputs and innovative ideas are taken into consideration in the design and planned development of new products. This would reassure that all necessary elements in product development have been considered and integrated with the process, prior to launching.