NEW PRODUCT DEVELOPMENT (NPD) CHECKLIST FOR THE MANUFACTURING SECTOR: 1. Idea Generation Identify market/customer needs (VOC)Conduct market and competitor analysis Check feasibility (technical & financial)Review IP/patent conflicts Prepare initial business case 2. Concept Development Define product concept/specifications Set target cost and price Conduct risk analysis (SWOT, DFMEA)Validate concept with stakeholders Approve go/no-go decision 3. Design & Engineering Create CAD models, BOM...