Learn how to Estimate the Manufacturing Cost for a new Electronic Prod…
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작성자 Mickie 댓글 0건 조회 6회 작성일 25-09-19 04:32본문
Today I’m offering a step by step guide for estimating the manufacturing cost for a hypothetical tracking device that incorporates Bluetooth Low Energy (BLE), GPS, an accelerometer, and a USB rechargeable lithium battery. When you may have a brand new product that you need to develop, ItagPro the first thing it's best to do is look at the big image earlier than you get slowed down in the small print. You don’t need to jump right into fully growing a production prototype. Product development is expensive, time-consuming, ItagPro and dangerous so there are some upfront steps you want to take first. Instead, first deal with what I call a preliminary manufacturing design (or sometimes simply referred to as a preliminary product design). The bottom line is that it focuses on a manufacturable model of your product, and not just on a Proof-of-Concept (POC) prototype. One of an important reasons for ItagPro making a preliminary design is it permits you to precisely estimate the manufacturing price for the product earlier than you spend the money to totally develop it.
A preliminary production design focuses on answering a number of the necessary questions that you just might want to know as soon as attainable. How difficult is it going to be to develop your product? Is it feasible to manufacture your product? What is the price to develop your product? What is the associated fee to scale from a prototype to volume manufacturing? How much will it cost per unit to manufacture your product? Ultimately, one among crucial questions you need to answer is how a lot will it cost to manufacture your product. The manufacturing value goes to find out how a lot revenue you'll make and the way much you can promote it for. Manufacturing cost is something it's essential know as early as doable. Unfortunately, many entrepreneurs make the mistake of first absolutely designing their product for manufacturing. After all that’s carried out, iTagPro technology they go back and start figuring out how a lot it’s going to price to manufacture. That’s not the way skilled tech companies do it.
They answer all the massive questions before they start sinking assets into fully growing the product. There is no such thing as a level in spending all of the time to try and develop a brand new product if it isn’t feasible to manufacture, or ItagPro prices an excessive amount of to manufacture. A preliminary production design gives you all of the information wanted to accurately estimate the manufacturing price for iTagPro a brand ItagPro new product earlier than the product has been fully developed. It additionally gives you early perception into the manufacturing feasibility of your product. By beginning with a preliminary manufacturing design it lets you more accurately estimate all of your prices, create a more correct timeline of milestones, and be ready to raised determine the manufacturing feasibility of the product. Ultimately, it means that you can develop a better product that is extra probably to be successful. The first step in developing a preliminary production design is to design the system level block diagram. Our hypothetical product consists of 4 major functions: Bluetooth Low-Energy microcontroller, GPS, an accelerometer, and energy management.
Figure 1 - System block diagram for a hypothetical BLE GPS tracking device. The core of the product will likely be a Bluetooth Low Energy microcontroller. This contains each the Bluetooth Low Energy radio and the microcontroller working your firmware code. Those two functions are embedded on a single chip known as a System-on-a-Chip (SoC). However, I always suggest that you start off using a pre-certified module answer, ItagPro instead of a chip-based mostly solution, for any wireless performance, like Bluetooth Low Energy. This module will still be based mostly on a BLE SoC but it may even embody the antenna. There are two reasons why it's best to begin with a module. First, the usage of a module drastically reduces your FCC certification cost. That can save you about $10,000 to certify your product. The second motive is that modules will simplify the design process. Wireless performance tends to be laborious to design properly. In reality, very possible, iTagPro support it would require a number of iterations to get things excellent.
Using a module reduces your time to market which is always necessary. Even big tech corporations begin off using a module so they can get their product to market quicker. If you scale as much as producing 100,000 items or more, then it may be a good time to switch to a custom chip design to maximize your revenue margin. The opposite big piece involved with this product is GPS (Global Positioning System) which communicates with the BLE microcontroller through a UART serial interface. As with BLE, we’re going to additionally use a module solution for ItagPro GPS. The first purpose for utilizing a GPS module is a bit different, however. GPS is a receive-only expertise. You’re not deliberately transmitting radio waves outside of your product. This is in distinction to Bluetooth Low Energy, the place you are clearly receiving and transmitting information. The FCC is primarily involved in the electromagnetic energy a product radiates (transmits), not what a product receives.
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