Tag: New Product Development

How to Develop Your Product Sourcing Strategy

Whether you are a re-seller with an e-commerce site or a product designer looking to source components for your product, having a product sourcing strategy is critical for success.  Navigating the supply market can be challenging and intimidating, especially with the fact looming over you that choosing the wrong product sourcing strategy can mean the […]

3D Printing Design Guide

3D printing has some incredible capabilities including increased design freedom, lower cost, and faster lead times. High customization and the capability to produce products with increased geometric complexity are two of the main benefits of designing for 3D printing. Additionally, there are also some constraints that designers should be aware of when designing for 3D […]

3D Printing vs Injection Molding Manufacturing Process

Plastic is a material used worldwide in a wide range of applications and products from medical to consumer products to aerospace. All these products must be manufactured in an efficient way to bring value to the end user. The most widely used manufacturing methods for plastic products are injection molding and additive manufacturing, otherwise known […]

Getting Started With Small Batch Production

There are three main types of production flows: continuous flow, batch production, and job production. Continuous flow is utilized to efficiently produce high volumes of identical units like gasoline and cars. Job production is used to create a single unique product every time with an example being a house or an aircraft carrier. Batch production […]

Improve Quality, Cost, & Flow Time with Contract 3D Printing

There are a variety of factors to consider when evaluating a make/buy decision.  These factors can include the strategic importance of the work, core competencies in the supply chain, capacity constraints, and cost.  Companies should rarely use contract manufacturing if the work in question is of high strategic importance.  Exceptions could be made if the […]

The Ultimate Guide to Prototyping

One of the most critical aspects of the new product development process is testing assumptions and proving that the design meets the requirements in a real-world setting.  Prototyping allows stakeholders and users the opportunity to try out new products and provide feedback for the integrated product team to incorporate into future product designs.  It is […]

Creating New Products With 3D CAD Design

What is CAD Design? CAD, or computer aided design, is an automated process to create, analyze, and optimize product designs.  The creation of almost all products, buildings, and streets is done through CAD design software due to its ability to provide superior productivity, quality, documentation, and manufacturability.  Through engineering knowledge and mastery of the CAD […]

The Definitive Guide to New Product Development

Why Do Businesses Engage in New Product Development? Introducing new products is costly and risky; a failed new product launch can lead to massive losses and can even put a company out of business.  If a company already has a cash cow, then why risk it?  The answer, of course, is that businesses must constantly […]

The Ultimate Guide to Product Design

What is Product Design? Product Design is a process by which new products are formulated, designed, tested, manufactured and introduced into the marketplace. It combines art, technology and science to create something that solves consumers’ problems in a meaningful way. Some products require a certain aesthetic, whereas others simply need to perform their required function […]