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Product design
Productdesignis conceptualization of an idea about a
product and transformation of the idea into a reality. To
transform the idea into reality a specification about the
product is prepared. This specification is prepared by
considering different constraints such as production
process, customer expectation, etc. In
productdesignstage every aspects of the product are
analyzed. Also final decision regarding the product is
taken on the basis of the analysis. This decision can be
any aspect related to the product, e.g. dimension and
tolerances, type of material for every components, etc
Productdesignis one of the most important and sensitive
factor for an organization.Successor failure of the
product decides companys business, market share and
reputation. So duringdesignstage various factors related
to the product needs to be addressed
Objectives of productdesign
To ensure growth of the organization
To utilize the surplus capacity of the
organization, such as physical facility, man
power, etc.
>To utilize the surplus fund of the
organization
>To meet new requirement of the customers
>To increase companys market share and
to target new market segment
>To ensure complete product range in
companys portfolio
Research & development: Basic research is a search for new knowledge. It does
not have any immediate application, but based on the basic research new product
can be developed in future. Applied research has objective of developing
commercial products.
Reverse engineering: Reverse engineering is the process of carefully dismantling
a product, understanding its design and developing a product which is better than
the existing one.