What Does Outsourced Product Development (OPD) 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 and specialized resources.

Techopedia Explains Outsourced Product Development (OPD)

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.OPD implementation recommendations include: