{"id":1050,"date":"2011-10-22T23:17:21","date_gmt":"2011-10-22T23:17:21","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/outsourced-product-development\/"},"modified":"2018-05-01T09:43:08","modified_gmt":"2018-05-01T09:43:08","slug":"outsourced-product-development","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/146\/outsourced-product-development-opd","title":{"rendered":"Outsourced Product Development"},"content":{"rendered":"
Outsourced product development (OPD) is a practice in which an organization hires a third-party provider for the development of products and services in a variety of fields (such as IT, business, communication and HR), and even idea generation.<\/p>\n
OPD success depends on finely integrated strategic planning, communication, collaboration, management and specialized resources.<\/p>\n
OPD implementation success hinges on continuous and consistent communication between decision makers, especially managers, engineers and business owners. This collaboration streamlines communication, production quality and, ultimately, customer satisfaction.<\/p>\n
OPD implementation recommendations include:<\/p>\n
Logistical skills require innovation, but the primary objective is closely monitoring OPD's effect on production quality and customer satisfaction.<\/p>\n
The IT industry (including offshore branch offices of giants like Microsoft, Adobe and Cisco) accounts for approximately 15 percent of the OPD market.<\/p>\n","protected":false},"excerpt":{"rendered":"
What Does Outsourced Product Development Mean? Outsourced product development (OPD) is a practice in which an organization hires a third-party provider for the development of products and services in a variety of fields (such as IT, business, communication and HR), and even idea generation. OPD success depends on finely integrated strategic planning, communication, collaboration, management […]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[240,252,229,228],"class_list":["post-1050","definition","type-definition","status-publish","format-standard","hentry","definitioncat-cloud-service-providers","definitioncat-customer-experience-management","definitioncat-infrastructure-management","definitioncat-risk-management"],"acf":[],"yoast_head":"\n