INNOVATION
> New Product Development Process
As part of our commitment to provide innovative solutions to our customers, Capewell utilizes an operational stage-gate process for New Product Development. The stage-gate method allows Capewell to maintain a focused systematic approach to the development of new products and product modifications. The process is utilized both on Capewell internal research and development programs and on customer-funded development programs.
Capewell's product development process provides a clear and consistent process for making decisions on new products and product modifications. Teams are empowered to perform to defined project plans with specific milestones, and their progress is monitored by Capewell management on a monthly basis. On a regular basis, Capewell staff also communicates with the customer to assure that the development effort is progressing according to plan.