NPD/ID vocabulary
Bill of materials (BOM): A table containing a list of the components and the quantity of each required to produce an assembly. Brief: Instructions and requests provided to design team prior to the commencement of a project. Business analysis: The practice of identifying business needs and determining solutions to business problems. Commercialization: The process of […]
Read MoreWhat is a Patent?
Before you get an answer to that question, take a moment to ask yourself – what are the advantages of having a real estate property to your name? On similar terms, patent is an intellectual property that has all the advantages stated above and one needs to claim it on his/her name. A patent is […]
Read MoreThe New Product Development Process
You might be a seasoned design professional thinking “What do my bosses sit around and do all day while I do the real design work”. This section outlines and explores the various early stages of the industrial design process that a product goes through. It does serve as a reasonable account of the overall and […]
Read MoreImportance of Product Development(NPD) & Industrial Design(ID) for a business
ver the first fiscal quarter of 2018, Apple accelerated investments in research and development operations spending more than $3.4 billion on new hires and initiatives which will keep the company competitive in a fast-paced tech market. Product development is like the gasoline that keeps the wheels rolling. But what drives companies to spend valuable resources […]
Read MoreWhat is Industrial Product Design?
Table of content What is Industrial Product Design? What does an Industrial Designer do? Every product you have in your home and interact with is the outcome of a design procedure. After long hours of planning, sketching, rendering, and 3D modeling, all those products have come into being. Not to mention the numerous prototypes and […]
Read MoreWhat is New Product Development?
Often businesses confront consumer preferences, increasing competition and advances in technology; credits to a rapidly changing market scenario. Your business may need to capitalize on an opportunity with the sole intent of getting a monopoly on your respective sector. A common practice of companies is to engage in a process of understanding what their market […]
Read More