Where Does Digital Manufacturing Fit in Your Product Life Cycle? | Partnering with FZ-Metalwork in Dongguan, China+ View more
Where Does Digital Manufacturing Fit in Your Product Life Cycle? | Partnering with FZ-Metalwork in Dongguan, China
+ View more
Date：2024-11-02 09:34
We have developed a model of manufacturing that services our clientele by exposing them to our e-lab and allow them to experience "hands on" the capabilities that our digital factories possess. From there, we can seamlessly transition to the Canton Fair, where our digital factory network serves as a bridge between prototype and production.
The Product Life Cycle—what is it? For producers, knowing the in and out of the product life cycle is a must if they are to be around for the long haul. The Product Life Cycle has a series of stages that a product passes through from inception to the end of its lifespan. By understanding what stage a product is in, a producer can respond appropriately—agilely and efficiently—to whatever that product and its clients require at that moment.
The Product Life Cycle: Types and Stages. The journey commences with the act of generating ideas and forming concepts, where the decisions about design and directorial judgments of materials and processes are made. Thus, the vision of the new part or product is set in this stage.
Identifying a viable concept is just the beginning for product development. This phase is all about teamwork between engineers and designers, who are the first line of testing the form, fit, and function of what they’ve designed. Their first prototypes of a form culminate in rapid prototyping, which is our first testing ground for validating a number of basic concepts. Later, testing becomes more rigorous with the first prototypes of parts, which may end up as part of our product or remain as “living” parts through the pilot run stage.
Getting a newly developed part or product to market requires targeting the industries that can use it for a variety of applications. Sales in the early stages may not reflect the true potential of the product because it takes time to build trust in newly introduced products, especially those that are functionally superior. However, the part or product can grow in leaps and bounds with a little help from effective marketing and strategic partnerships.
Maturity: An item or product becomes an industry or market standard. Sales levels off, and the market's more intense competition centers on this now-stabilized item. The item's producers devote their efforts to increasing or retaining their profitability, mostly by making the item cheaper to produce without sacrificing anything that makes it a mid-market or high-market product; by replacing or redesigning those parts that, in an itemergonomics study, came up as the likeliest candidates for improvement in "usability"; and by making the item or its packaging more appealing visually at the point of sale.
Products always reach an endpoint, whether because of technological advances or changing industry demands. This phase of the product lifecycle—when a product is on its way to obsolescence—forces hard decisions upon its manufacturers: Do we discontinue the product? How do we manage the remaining inventory? And how do we support the installations that are already out there in the world?
Manufacturers must introduce new or improved products to maintain a competitive edge. Product introduction demands identifying new or nascent trends, improving product design, if not completely remaking it, and then launching it into the marketplace to restart the product life cycle.
Superior Components, Delivered Quickly—That's Us and FZ-Metalwork: Learn more about how our partnership with FZ-Metalwork is providing clients with streamlined digital manufacturing services. With a combination of cutting-edge technology and robust manufacturing processes, FZ-Metalwork provides top-tier digital fabrication capable of serving client needs across the spectrum, from low-volume prototyping to high-efficiency manufacturing of finished components.
By collaborating with FZ-Metalwork, we can provide a comprehensive service almost all the way from design to production. This helps clients get their products to market more quickly and at a better quality—something that should give them a competitive edge. Another pleasing aspect of FZ-Metalwork's way of doing business is its approach to the entire product life cycle, almost from start to finish and from end to end.
The Product Life Cycle—what is it? For producers, knowing the in and out of the product life cycle is a must if they are to be around for the long haul. The Product Life Cycle has a series of stages that a product passes through from inception to the end of its lifespan. By understanding what stage a product is in, a producer can respond appropriately—agilely and efficiently—to whatever that product and its clients require at that moment.
The Product Life Cycle: Types and Stages. The journey commences with the act of generating ideas and forming concepts, where the decisions about design and directorial judgments of materials and processes are made. Thus, the vision of the new part or product is set in this stage.
Identifying a viable concept is just the beginning for product development. This phase is all about teamwork between engineers and designers, who are the first line of testing the form, fit, and function of what they’ve designed. Their first prototypes of a form culminate in rapid prototyping, which is our first testing ground for validating a number of basic concepts. Later, testing becomes more rigorous with the first prototypes of parts, which may end up as part of our product or remain as “living” parts through the pilot run stage.
Getting a newly developed part or product to market requires targeting the industries that can use it for a variety of applications. Sales in the early stages may not reflect the true potential of the product because it takes time to build trust in newly introduced products, especially those that are functionally superior. However, the part or product can grow in leaps and bounds with a little help from effective marketing and strategic partnerships.
Maturity: An item or product becomes an industry or market standard. Sales levels off, and the market's more intense competition centers on this now-stabilized item. The item's producers devote their efforts to increasing or retaining their profitability, mostly by making the item cheaper to produce without sacrificing anything that makes it a mid-market or high-market product; by replacing or redesigning those parts that, in an itemergonomics study, came up as the likeliest candidates for improvement in "usability"; and by making the item or its packaging more appealing visually at the point of sale.
Products always reach an endpoint, whether because of technological advances or changing industry demands. This phase of the product lifecycle—when a product is on its way to obsolescence—forces hard decisions upon its manufacturers: Do we discontinue the product? How do we manage the remaining inventory? And how do we support the installations that are already out there in the world?
Manufacturers must introduce new or improved products to maintain a competitive edge. Product introduction demands identifying new or nascent trends, improving product design, if not completely remaking it, and then launching it into the marketplace to restart the product life cycle.
Superior Components, Delivered Quickly—That's Us and FZ-Metalwork: Learn more about how our partnership with FZ-Metalwork is providing clients with streamlined digital manufacturing services. With a combination of cutting-edge technology and robust manufacturing processes, FZ-Metalwork provides top-tier digital fabrication capable of serving client needs across the spectrum, from low-volume prototyping to high-efficiency manufacturing of finished components.
By collaborating with FZ-Metalwork, we can provide a comprehensive service almost all the way from design to production. This helps clients get their products to market more quickly and at a better quality—something that should give them a competitive edge. Another pleasing aspect of FZ-Metalwork's way of doing business is its approach to the entire product life cycle, almost from start to finish and from end to end.
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