Product
Development
While
ongoing manufacturing, sales, and marketing produce your current
cash flow, your future profits are directly linked to the product
development
efforts that you are conducting today. This can cause a problem
in today's finely tuned manufacturing operations as the sharp focus
on manufacturing efficiency leaves not enough of the right kind
of resources available to successfully develop new products at the
rate the market requires.
Our
approach to product development is based on the fact that no outside
firm can duplicate the industry specific knowledge that has taken
years to develop within your company. This realization is critical
in allowing us to combine your industry specific knowledge with
our engineering and product development knowledge and diverse background
from many industries. You spend a little time to provide us the
benefit of your knowledge, we provide our product development knowledge
and the majority of the design time, and the result can be a more profitable product than either of us could have achieved on
our own.
Concurrent
engineering is more than a popular buzzword at Product Design, Inc.
When we say concept analysis we mean the whole product concept including
not only the physical design of the product, but also how it will
be produced and at what cost, what special tooling is required or
profit enhancing, what level of service or user manuals are required,
and how the product will fit into existing distribution channels.
By following this "Work the Front End Hard" approach much
of the uncertainty has been removed or reduced by the time serious
money is committed to engineering the chosen concept into a complete
product.
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