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Product Development

Product Development

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Published by Shashank

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Published by: Shashank on Sep 11, 2010
Copyright:Attribution Non-commercial


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 Product Development Process
Potential benefits/ outcomesCustomer dimensionsProvides unique benefits and features to the customersMeet customer expectations better than existing productsProvide better quality as perceived by customersResults in innovative offerings to the customersSustainedPerformanceSimplifies product in use and maintenanceReduces the cost of use over product lifetimeAddresses environmental issues pertaining to manufacture, use and disposalOperationalAdvantagesSimplifies the manufacturing processSimplifies the assembly processMinimizes the need for revisions and changes after introductionStrategicAdvantagesEnables faster new product introductionReduces the cost of the productProvides capabilities for mass customization
Design Process
Pilot runand final testsNew product or service launch
Final designFinal design& process plans& process plans
Product or Product or service conceptservice conceptPerformancePerformancespecificationsspecifications
FunctionaldesignForm designProductiondesign
Revising and testingRevising and testingprototypesprototypesDesignDesignspecificationsspecificationsManufacturingManufacturingor deliveryor deliveryspecificationsspecificationsSuppliersSuppliersR&DR&DCustomersCustomersMarketingMarketingCompetitorsCompetitors

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