Regulatory Product Approval
Regulatory Product Approval
This workflow template illustrates the end-to-end process of regulatory approval for new products, including compliance-related requirements gathering, internal testing (against requirements), external testing and final product approval/denial of the product by regulatory officials. Purchase and download this template in PDF and Visio (VSD) formats. You can customize it to fit your own organization, or simply use it to better understand the Regulatory Product Approval process.
Related KPIs : Cycle Time: Time to Market, Market Potential, New Product Kill Rate, New Product Profits as a Percentage of Total Profits, Percentage of New Products Launched on Schedule, Percentage of New Products On Budget
What is Regulatory Product Approval?
The Regulatory Product Approval process involves coordination between product development staff, compliance and product testing team members and regulatory agencies to gain approval on a new product. The first step in this process is to define, confirm and document all regulatory requirements to prepare for internal testing. Once the product has been thoroughly tested by internal teams, it is prepared for submission to the appropriate regulatory agencies. If the product is approved by the regulators, preparation for full-scale manufacturing/production begins.
Download a Sample Regulatory Product Approval
Frequently Asked Questions
Q: How do you create your Workflow Templates?
A: From real-world consulting engagements with Fortune 500 leaders. We’ve spent 25 years analyzing operations at hundreds of leading companies worldwide, documenting thousands of business processes at precise levels of detail. We’ve anonymized this data—drawn from millions of dollars’ worth of consulting assignments—and have made it available to you in easy-to-use templates at affordable OpsDog prices.
Q: What can a Workflow Template do for me?
A: Boost productivity, efficiency, and service levels! Broken business processes—marked by manual workarounds, downtime, and errors—are all too common. Many businesses write off this waste as “the cost of doing business.” But you know better than that! Simply select the OpsDog Workflow Template that best fits your situation, tweak it to your liking, and then use it to train employees, identify process improvements, inform an IT project, or re-design a workflow. That’s a lot of power in your hands, cheap!
Q: What’s in the box when I buy one?
A: Three handy versions, all in one zipped file. It’s yours to download immediately upon purchase, and includes your chosen Workflow Template in PDF format, plus Microsoft PowerPoint (which you can edit), and Visio (which you can also edit).
Q: Your download-able templates look great. But I need something custom. Can you help?
A: Heck yes. Our analysts would be happy to provide you with a more detailed Workflow Template than what we offer for instant download. We can also develop an entirely new, customized Workflow Template to fit your business; we specialize in this stuff and would love to help you! Simply email us (email@example.com) or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.
KPI's & Data
New Product Development
This workflow template illustrates the development and testing of new products, including concept development, market analysis, initial stage gate approval, prototype development and prototy...
Type : Workflow Template
Process Participants : Product Development Staff, Research & Development Staff, Product Managers, Engineering & Design Staff, Market Research & Analysis Staff, Line of Business (LoB) Executives
Let us take your KPIs & business intelligence efforts to the top.