The product development process is the journey that every successful product takes to become a real thing that can be sold. This process has a lot of steps, including coming up with the idea for the product, designing it, and making it. Knowing about the product development process can help you understand how long it will take for your product to be ready to sell.
The product development process has five steps.
A Good Concept
This means figuring out what the target market needs and what other similar products are available. The second step is to define the product specifications. This means figuring out what the product will do and how it will work. The third step is to select a product concept. This means choosing the overall look and feel of the product. The fourth step is to conduct market and financial feasibility analysis. This means making sure there is a market for the product and that it is financially feasible to produce. The fifth and final step is to create the project development outline. This means creating a plan for how the product will be developed.
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Prior to the development stage, the team was focused only on the core product idea. The prospective design was more based on overviews than on engineering and design. Once the development plan is approved, marketing may begin to develop ideas for additional product options and add-ons, or perhaps an extended product family. Designers and engineers develop the product architecture in detail, and manufacturing determines which components should be made and which should be purchased, and identifies the necessary suppliers.
According to product design and development expert, Robert Q. Riley, The product’s architecture determines how the primary functional systems and subsystems are designed and engineered, and how those systems will be arranged to work as a complete unit. A computer is made up of the power supply unit (PSU), central processing unit (CPU), and a motherboard. It also includes memory, video cards, cooling fans, and a memory. The platform layout of a computer depends on its architecture, whether it is a desktop computer, laptop, tablet or smart phone. Although the architecture will determine the layout of a system, it won’t provide the detail engineering required to design the speakers and keyboard or engineer the operating software. All of this impacts important attributes such as standardization of components, modularity, options for future changes, ease of manufacture, and how the project is divided into manageable tasks and expenses. If a family of products or upgrades and add-ons are planned, the architecture of the product determines the commonality of components and the ease with which upgrades and add-ons can be installed.
When a subsystem or system is used from another company product line, development, tooling and manufacturing costs can be reduced. Each component of the product is designed as the design phase progresses. Every component of the product is identified and designed during this phase. The tolerances, materials and finishes are identified and implemented using drawings or computer files. Prototype components can be quickly built using computerized machines, such as CNC mills or stereo lithography system, once they have been developed.
During the testing and refinement stage, a number of prototypes are built and tested. Prototypes are designed to be as close as possible to production products. Prototypes are necessary to determine whether the performance of the product matches the specifications, and to uncover design shortfalls and gain in-the-field experience with the product in use. Beta prototypes are later built using the first components that have been received from suppliers.
Pilot manufacturing can also be thought of as ‘almost manufacturing.’ During production ramp-up, the work force is trained as the first products are being assembled. Because of the slow pace of product builds, it is possible to fix any problems with suppliers components, fabrication, or assembly procedures. The staff and supervisory team is organized, beginning with a core team, and line workers are trained by assembling production units.
Full Manufacturing Production
The next phase of the product development cycle is full manufacturing production. A review team will check for any final failures or flaws before full manufacturing begins. Once the review is passed and the design has been approved, final units will start to be manufactured.
If a company wants to make things itself or have someone else make things for it, it needs to be able to move quickly from having an idea to having a product that people can buy. If it can’t do that, it will have to wait a long time and spend a lot of money before its product is ready. The people who can move quickly and adapt to each stage of the process will make more money.
Steven Cheng, the founder of Topworks Plastic Mold, a China injection molding company with the most complete services, from design to production. Topworks provides customers with a one-stop service for Polycarbonate injection molding and ABS injection molding. The company’s professional team has excellent product knowledge of the plastics industry, which enables it to provide customers with quick responses and high-quality service.