Find out how to Estimate the Manufacturing Cost for a Brand New Electronic Product (Case Study: Bluetooth Device) > 자유게시판

Today I’m offering a step-by-step information for estimating the manufacturing value for a hypothetical tracking device that incorporates Bluetooth Low Energy (BLE), GPS, an accelerometer, and a USB rechargeable lithium battery. When you could have a brand new product that you simply need to develop, the first thing you must do is look at the large picture before you get bogged down in the small print. You don’t need to leap proper into absolutely growing a manufacturing prototype. Product improvement is costly, time-consuming, and risky so there are some upfront steps you'll want to take first. Instead, first give attention to what I call a preliminary production design (or typically simply known as a preliminary product design). The bottom line is that it focuses on a manufacturable version of your product, phone tracker tag and never simply on a Proof-of-Concept (POC) prototype. Considered one of a very powerful causes for making a preliminary design is it allows you to accurately estimate the manufacturing value for the product before you spend the money to totally develop it.

A preliminary manufacturing design focuses on answering among the essential questions that you might want to know as soon as potential. How difficult is it going to be to develop your product? Is it feasible to manufacture your product? What is the fee to develop your product? What's the cost to scale from a prototype to quantity manufacturing? How a lot will it value per unit to manufacture your product? Ultimately, considered one of a very powerful questions you want to answer is how a lot will it value to manufacture your product. The manufacturing cost is going to find out how a lot profit you will make and the way much you can sell it for. Manufacturing value is something you'll want to know as early as potential. Unfortunately, many entrepreneurs make the error phone tracker tag of first absolutely designing their product for production. After all that’s completed, they go back and start determining how much it’s going to cost to manufacture. That’s not the way in which experienced tech corporations do it.

They answer all the big questions earlier than they begin sinking sources into absolutely growing the product. There isn't any level in spending all the time to attempt to develop a new product if it isn’t feasible to manufacture, or prices an excessive amount of to manufacture. A preliminary manufacturing design gives you all of the information needed to accurately estimate the manufacturing value for a brand new product before the product has been totally developed. It also gives you early perception into the manufacturing feasibility of your product. By starting with a preliminary manufacturing design it means that you can more precisely estimate all of your costs, create a extra correct timeline of milestones, and be able to raised determine the manufacturing feasibility of the product. Ultimately, it permits you to develop a greater product that is more doubtless to be successful.