International Journal of Social Science and Community Service
Vol. 2 No. 2 (2024): APRIL

Product Development Management in Improving the Competitive Advantage of SMEs

Djakasaputra, Arifin (Unknown)
Valentina (Unknown)
Jessalonica , Chennan (Unknown)



Article Info

Publish Date
28 Jun 2024

Abstract

The role of product development management is very important in improving business sustainability. When there is market saturation in existing products, it can be overcome through the emergence of new products, in the sense of expanding and supporting existing products. PKM activities aim to help MSMEs understand product development management in running a business, and maintain survival in the future.  Activity partners are engaged in handicraft businesses, with the mada mute brand that provides handicraft products made from woll and beads. In its activities it faces various problems, especially in carrying out product development management, this is due to the lack of partner knowledge about matters related to product development PKM activities aim to help increase partner knowledge. The method offered in this activity is online training/socialization through Zoom meetings. The material to be presented includes: introduction to the concept of product development; product development process; new product development strategy; product life cycle strategy.  The results of the activity show that the problems that arise in partner businesses are resolved, partners can understand the importance of new product development for business survival.

Copyrights © 2024






Journal Info

Abbrev

journal

Publisher

Subject

Arts Humanities Environmental Science

Description

The International Journal of Social Science and Community Service publishes a series of articles focused on community service initiatives in the area of economic empowerment. This journal aims to contribute ideas and reports on community service efforts, as well as serve as a platform for sharing ...