Are you developing a new product right now that you're planning to launch on the market soon? If so, you will probably need answers to the following questions. This is part 2, where we cover questions 5 to 9. (Click here to read part … [Read more...]
What’s The Investment Required To Bring My New Product To Market?
A lot of entrepreneurs and SMEs struggle to calculate their investment for launching a new product. This can lead to unexpected costs mounting up and, eventually, needing to sell at a loss or even bankruptcy in extreme cases. So you need … [Read more...]
NPI Cost vs. Production Unit Cost: What To Optimize For?
When developing a new electro-mechanical product, there is a tradeoff: Do you want to spend less time & money before production (during the NPI process), and suffer higher costs for each unit made? Or do you want to invest more … [Read more...]