FEI meaning in General ?

Answer:

What is Front End of Innovation mean?

In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The products developed by an organisation provide the means for it to generate income. For many technology-intensive firms their approach is based on exploiting technological innovation in a rapidly changing market.

The product can be tangible (something physical which one can touch) or intangible (like a service or experience), though sometimes services and other processes are distinguished from "products". NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market.Cost, time and quality are the main variables that drive customer needs. Aiming at these three variables, innovative companies develop continuous practices and strategies to better satisfy customer requirements and to increase their own market share by a regular development of new products. There are many uncertainties and challenges which companies must face throughout the process. The use of best practices and the elimination of barriers to communication are the main concerns for the management of the NPD .

reference

Full Form	Category
Federal Executive Institute	Academic & Science
Financial Executives Institute	Accounts and Finance
Financial Executives International	Accounts and Finance
Frequency Electronics, Inc.	Business
Financial Executive International	Business
Fortress Energy Incorporated (de-listed)	Business
Fédération Équestre Internationale	Business
Federation of Electronic Industries (UK)	Computer and Networking
Fei USD	Cryptocurrency
Fatal Error Infotable (geoworks)	File Type
Fatuous Egotistic Individuals	General
Farscape Episode Images	General
Faculdade De Engenharia Industrial	General
Fremeau Efficiency Index	General
Fortuna etiam invidente	General
Far East and International	General
Front End of Innovation	General
Functional Enrichment Index	General
Federal Employer Identification	General
Fully Electronic Ignition	General
Fundacao Educacional Inaciana	General
Federation Equestre International	Governmental
FDA (Food and Drug Administration) Establishment Identifier	Governmental
Florida Education Institute	Governmental
Federal Equestrian Institute	Governmental
Future Executives Institute	Governmental
Federation of Equestrians International	Governmental
Falange Española Independiente	International
Functionally Emulative Increment	Military and Defence
File Exchange Interface	Networking
Fitness Events Incorporated	Sports
Federation Equestre Internationale	Sports