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Plastic Product Manufacturing Product Manufacturing

How to Summarize a Plastic Product Manufacturing Strategy

If you are planning to develop a new plastic product for your customers, then a clear and focused plastic product manufacturing strategy is critically important to ensure success, and without a well-defined strategy, new product development will tend to stall or even fail. A well-defined product development strategy lends you opportunities to analyze and overcome unexpected concerns. Moreover, it also offers direction and action plans, prioritizes and aligns activities, defines accountabilities and enhances communication and commitment.

Plastic product manufacturing industry changes rapidly, and for entrepreneurs to thrive in this environment, they have to keep their heads about the day-to-day business and spend time looking and listening to the changes that are happening in technology and business. A well-versed new product development strategy can avoid waste of time, money, and resources. It will not only help you organize and manage the entire product manufacturing process, but it will also help you in capturing your customers’ views and expectations, and strategically design and resource your new product development project.

Why do I need a Product Development Strategy?

According to The GID Development Corporation, California, a well-planned and a well-versed “New Product Development” strategy will aid you in:

  • Understanding your potential market and end users
  • Launch of rewarding new products
  • Manufacturing new products that are more useful, durable and affordable
  • Avoid unnecessary manufacturing expenses
  • Proper use of resources and time frame
  • Avoid business risk and unnecessary competition

Points to Consider While Framing a New Product Development Strategy

What is your product?

A detailed and systematic answer to this question will definitely help you overcome most product development glitches. An answer to this question will keep you and your team focused on a single path and escape new product development pitfalls, including manufacturing too many products at once, running out of resources, and wastage of time and money.

What do your end-users expect from your product?

You are manufacturing the new products for your customers; hence, their likes, dislikes, and expectations should be kept at the top of the list. To create a rewarding new product manufacturing strategy, you require an in-depth understanding and knowledge of what your customers want. A new product development strategy summarized based on a strategic, determined, and targeted approach will ensure success for you and your products.

What about the time frame?

Manufacturing new plastic products from scratch is a time-consuming task as well as equally trying; hence, don’t make any decision in the hurry or in frustration. Spend adequate time to conceptualize your idea, product design, product prototype development, and more. Your purpose of manufacturing new products will help you define manufacturing time and your deadlines for execution. Be attentive and accurate.

What are the key concerns?

As stated in the above paragraph, plastic product manufacturing is not an easygoing job. There are thousands of questions to be answered and hundreds of processes that are needed to be handled professionally. Therefore, always focus on key concerns such as product design, price, features, etc. to ensure your product development process moves in a straight path.

Need Help! Call Jim Grimes

The GID Development Corporation is an American plastic product manufacturing company helping small and mid-sized entrepreneurs in realizing their dream of launching a new product. If you have any questions related to plastic product development, then call Jim at 714-323-1052

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Product Manufacturing

6 Simple Steps to Find a Product Manufacturing Company in USA

As an entrepreneur, you know very well that in order to overcome the competition and to thrive in a competitive market, you have to be the best brand experience for your end-users. In the past few years, every industry is experiencing great waves of product manufacturing and marketing change. This leaves every business, small or large alike, with the task of finding the right product manufacturing company that can manufacture lucrative products for their potential customers in the most efficient and effective way possible.

Being an established product manufacturing company in the USA, GID has compiled a checklist for you to help you make the right decision when choosing a product development company.

Step 1: Know your bottom line

The first step is to clearly understand what your concept is and what you wish to develop for your customers. You need to carefully set your business goals, and then plan accordingly to achieve those goals. While at the same time, you should also know how you are going to measure your success. When you know what you need to achieve your objectives, you will be able to conclude whether a product manufacturing company fits the bill or not.

Step 2: Know your cost vs value

This is one of the most decisive factors when it comes to new product development. Pricing is certainly a deal maker or deal-breaker when it comes to hiring a manufacturing company. If you start to cut costs only for saving a few dollars, then you may not reap as much value in the long term when it comes to offering the products you planned for in step one.

Step 3: Identify a solid track record

This step includes a process of identifying a product manufacturing company’s industry presence and the type of projects it has executed until today. Such product development companies have some stellar ideas and new methodologies to consider and implement. The point here is how much a product development company understands your business and industry. Besides, have they effectively developed a similar solution for other clients? Ask the company for some references, client testimonials, and case studies to measure the results.

Step 4: Communicate and learn

There should be no communication gap between you and the manufacturing company you decide to hire, as flawless communication ensures exact product development with fewer hiccups. Persistent communication is necessary because it helps you understand what your product development company is, understanding and doing.

When you start a discussion with them, they should be listening to you carefully, they should be clear to explain what they would be doing, and they should explain how they would be doing it. Most importantly, if you ever get confused or lost in the part of the discussion, they should patiently make you understand the issue.

Step: 5 Know what you want to achieve, be realistic

Before you decide to modify your existing product or plan to develop a new product with the help of a product development company, invest some time and thought into your goals and expectations.

What are some goals you can reach?

  1. Generate more leads
  2. Increase sales
  3. Improve product or brand awareness
  4. Be “in touch” with your customer base

Step 6: Know your strategy

A good product manufacturing company should be offering you a clear, concise product development strategy. A good strategy will give your business a strong sense of authority, relevance, and trust. Ask your product development company about their approach towards product design, prototype development, and manufacturing. Ensure that the strategy you frame has the potential to fulfill your business objectives. The strategy should be outlined in such a way that you reach your deadline and stay within the budget.

Want to discuss your next project? Call Jim Grimes today at 714-323-1052 to discuss the feasibility of your concept, please visit www.GIDCompany.com.

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Product Manufacturing

Dear Entrepreneurs, Do You Know To What Extent Your Product Manufacturing Process Is Digitized

Being an established product manufacturing company in USA, at the GID Development Corporation, we know it very well that the product design, product prototyping, and product development are in a stage of major transformation across the globe. A message from the market to accelerate the development process provokes product manufacturing companies to find advanced ways to improvise their manufacturing processes and produce technological capabilities to shorten the product development lifecycle.

Digitalization of product design and product development processes has helped manufacturers in reducing the development life significantly, eventually minimizing a product’s time to market. However, countless startups and small businesses still find it difficult to implement the digital manufacturing strategy. Here in this blog, we will discuss significant transformation stages that any product manufacturing company is looking for digitization goes through. The points covered here will help you determine to what extent is your organization’s product manufacturing process is digitized. What steps should be taken to elevate the transformation process and how digitizing can benefit you in the product development process.

Use of CAD tools

The use of 2D CAD tools for product design is quite common across most product manufacturing companies. Many industries such as civil, mechanical, and electrical frequently require 2D drawings to address various purposes. Shop floor requirements are often in terms of a 2D format, which provide flawless communication within the departments inside an organization and between the clients and the organization. However, considering the other technical advancements in the industry, 2D is looked upon as an initial step towards digitizing the product manufacturing process. 2D has its own limitations and does not convey the information to an individual who is less technical.

Transformation from 2D to 3D

The real digital transformation of a product manufacturing process comes with the adoption of 3D CAD tools. Undoubtedly, 3D printing is highly advantageous and brings countless benefits that help in reducing overall manufacturing time. It offers an in-depth insight on a product design and its workings, to demonstrate the product’s characteristics in a better way.

Across the globe, there are still some companies that use traditional 2D CAD tools to avoid spending extra cost and time in manufacturing 3D models from the past 2D drawings repository. However, the real advantage comes when we use both – the 2D and 3D tools.

Virtual Testing

Because of its amazing ability to predict design behavior right before the manufacturing process, most product design and development companies across the globe prefer to use the virtual testing to test a product design. With comprehensive 3D modeling capabilities, the next digitization phase is to implement virtual testing in the design process.

Before moving on to the bulk manufacturing process, a product’s behavior and its performance can be easily determined with the use of virtual simulation tools such as, computational fluid mechanics and finite element analysis. Moreover, virtual testing also reduces the number of prototyping trails, as initial design data is tested at the start point. This eventually helps a product manufacturing company to reduce product development cycle significantly.

Rapid Prototyping

Product prototype development is an ongoing trend within the industry of new product development, allowing product development companies to physically feel and test a concept before proceeding with the manufacturing process. Due to constant advancements in the world of 3D printing technologies and materials, the product development industry is about to witness a standard shift in a way products are being developed.

Before the bulk manufacturing process, the use of rapid prototyping allows the determination of necessary development processes and equipment as well as fixes flaws in the design to eradicate last minute manufacturing errors.

Owning to the fact the digitization reduces overall manufacturing time and eventually a product’s time to market, most product manufacturing companies across the globe are busy in digitizing their product manufacturing processes for all the engineering domains. Its adopters have admitted a notable growth in their operational efficiency, enabling the production of better and cost effective products.

Are you an entrepreneur or an innovator whose product development strategy still follows a traditional approach? If so, the time is now to adopt this trend, as getting it right is essentially the required to survive in a competitive scenario. For any assistance related to product design and development, contact us at www.GIDCompany.com.

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Custom Product Manufacturer Product Manufacturing

Product Development Strategy Definition by Custom Product Manufacturer, California

Manufacturing a new product or modifying the existing one as per the market or the end users’ requirements, and returning those products to existing or new market is the definition of product development strategy. Custom product development strategy is a bit complicated in nature. To frame an excelling new product development strategy, as an entrepreneur, you need to focus on every tiny detail. It requires keen attention to competitors’ products, customers’ requirements, the ability to design and prototype, full in-house manufacturing capabilities, and a potent marketing plan. For your knowledge, there are several subsets of product development strategy, and they are as follows:

Product Development Diversification Strategy

This product development strategy is employed when a company’s existing market is saturated, and returns and profits are still or falling. There is no or a very diminishing opportunity for business growth. A product development diversification strategy helps a company overcome its prevailing business ecosystem, and a new product is manufactured for a new market. Due to the recession and heavy competition, when an insurance company selling insurance products decides to develop a financial education program targeting college students, it is called diversification strategy. Because of existing competition and the presence of similar products, the new product developed may not be revolutionary in the nature, but it is new to the company manufacturing it.

Product Modification Strategy

A product modification strategy is quite common among entrepreneurs and is normally aimed at existing markets. A hidden advantage of this strategy is it allows entrepreneurs to capture new customers for the new product. Toothpaste is the best example of modification strategy. Toothpastes that promote anti-cavity or teeth whitening qualities are built on existing simple toothpastes that only guarantee clean teeth and healthy gums.

Revolutionary Product Development Strategy

Under the hood of revolutionary product development strategy, revolutionary new products are designed and developed to solve specific problems or meet end users’ requirements. Smartphones and advanced computers are the best examples of the revolutionary product development strategy. Before these revolutionary products made their way to market, consumers did not know they needed them. However, a revolutionary thought of creating a better device for communication ended in products that have modified the rules of communication and have considerably altered the competitive landscape.

Benchmarking the Process

Whatever product development strategy you employ depending upon the nature of your business, the new product manufacturing process must be carefully thought through. It also requires a sequence of benchmarks along the way. These benchmarks evaluate whether the manufacturing process should be continued or not because custom product development is normally high-priced and time-consuming. For instance, a company is manufacturing a new product, but a competitor takes on the market with the similar product with advanced features, then your company must make a “Go/No Go” decision about its own new product development options.

Consumers Front and Center

Depending upon your business ecosystem, whatever the product development strategy you decide to continue, always keep your targeted customers in the front and center, and involve them in the process from start to finish. Set a limit for your manufacturing overheads. Keep aside an adequate budget for consumer evaluation of the new product at the ideation, prototyping and the bulk manufacturing stages. An important point to remember is that whenever you opt for new product development, don’t include only customers those who represent your primary market, but also include secondary customers to whom your product might appeal in the near future.

 About the GID Development Corporation

The GID Development Corporation is a custom product manufacturer based in California that caters to start-ups, small and large businesses’ unique requirements. Valued as one of the leading product manufacturing companies in the United States, GID is known for setting the bar for product design, rapid prototyping, testing, and bulk manufacturing.

To assist entrepreneurs in developing flawless new products, the GID Development Corporation is now offering a free 15-minute conference to answer questions related to new product development. There is no risk, no obligation; contact them now at 714-323-1052.

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Product Manufacturing

Best Product Design and Manufacturing Company in the USA You Can Count on

As an entrepreneur, do you feel that you are losing your business ground, your customers, and eventually your profit to your competitors just because you are not able to manufacture products that meet your customers’ requirements? If “YES”, don’t Sweat It; come to the GID Development Corporation, as we can help.

We are an American Product Manufacturing Company based in California with a deep core of knowledge and experience with hundreds of custom product development solutions designed, prototyped, tested, and developed for our clients based in the USA and even beyond the international boundaries. What makes us special is our sustained experience working with different business entities and a solid understanding of their requirements that have allowed our company to continually evolve for the last four decades. If you have any questions related to new product development, design, or prototype, then talk to our experts at 714-323-1052 or drop us your queries at https://www.gidcompany.com/contact-us

As a product design and development company based in California, GID’s expertise stems from an system of continuous learning blended with a dedication to excellence. We keep on evolving and continuously explore new technologies and opportunities so that we don’t let our clients down in any aspects of engineering. We are a friendly bunch of product designers, product engineers, and product analysts, passionately working together to make our clients successful and wealthy by manufacturing customer-centric products for them. We are one of the most reliable, technically upgraded, and affordable product development companies based in the United States you can count on.

When it comes to custom product design and development, we are always unique with our approaches owning to the fact that every concept is unique by itself. At GID, we have an amazing in-house capability to go from idea to product specification, to design, to manufacturing and assembly. Skilled and qualified professionals, most advanced designing software and manufacturing tools, and more than four decades of industry experience are some of the aspects that make us stand apart and above the ordinary product manufacturing companies in the market. Additionally, we have a habit of keeping our clients engaged during the entire product development lifecycle to ensure that the final product is precise, as per the requirements, and at the same time obeying all the industry standards.

Our product design and manufacturing services are highly flexible and tangible in their nature; hence, they can be easily personalized to develop new products that your customers will love and buy. Moreover, our time–proven design and development process can be tailored to our clients’ specific project’s requirements and uniqueness. GID ensures delivery of custom products designed to meet our client expectations each and every time. Our product design, prototype development, and manufacturing processes ensure a series of checks and balances with validation and verification of design and performance.

The GID Development Corporation delivers sophisticated solutions while cutting costs, reducing risk, and driving growth. Until today, GID has experience of working with hundreds of businesses around the world, including automotive, industrial equipment, aerospace and defense, high tech and electronics, retail, consumer, and healthcare devices. With GID, you can exploit and cultivate your best product ideas in an increasingly smart and connected world. If you believe that your business is stagnant or its growth is blocked, contact GID at https://www.gidcompany.com/, as we guarantee you to deliver practical solutions that will help you achieve and sustain a long-term success.

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Product Manufacturing

Top Five Methods by Leading Product Manufacturing Company for Long Term Success

Entrepreneurship is not everyone’s cup of tea; it’s an art and also a science. In the stance of cutthroat competition, it takes a lot to be a successful entrepreneur because there is no single, definite factor for success — it takes a great idea, a lucrative network of resources, a ton of hard work, and time to create an enduring, profitable business.

To overcome the competition in the market, you need to frequently make or break the logical foundation of your company. Without wasting more time, you need to conclude who your customers are, what their requirements are, what they expect from you, and how you are going to satisfy their expectations. Here is a list of five structured methods by a leading Product Manufacturing Company, GID, to achieve success as an entrepreneur.

Question Yourself – Before you start searching for answers, pen down all your questions related to your project. Questioning yourself will help you in exploring the possibilities for product development and marketing. For instance, if you are planning to manufacture a new product for your targeted customers, then ask yourself what exactly your customers require. Even if you already have an idea, you must know exactly what problem you are solving. If you are promoting your product, then ask why your customers would be interested in purchasing your product.

  1. What ingredients are required for a successful product?
  2. How can I make my product cost effective?
  3. How to engage targeted customers?

Research your subject – Once you are ready with the list of important questions, you must start finding as much information as you can on the subject. There are two main sources of gathering relative information – competitors and potential customers. Be honest and serious with whatever you do, pick some people from your targeted audiences, and find out what makes them tick. Your competitors and their products are the pool of the more valuable information for you. Try hard to find out what they are doing, how they are doing it, and most importantly, how you can make it better. You need to adopt a unique approach that distinguishes you from the competitors in the market.

Summarize a calculated business plan – Once you are done with the research work, it’s time to prepare a business plan on a broad scale. A business plan is essential because it formalizes the assumptions you hold. A powerful business plan helps you stay focused and move smoothly towards your predefined business objectives.

Experimenting with your business plan – This is one of the most important steps. To become a successful entrepreneur, it’s not enough to merely summarize a business plan; you have to put that business plan to the test. After you have developed a business plan about your business, say for instance “Women ages 20 to 34 will buy your product to have Y feature,” you need to test the notion. To test the business plan, you can conduct a simple survey, or develop a prototype and present it to a group of beta testers. You can run multiple campaigns to experiment with your business plan.

Review your data and form a conclusion – Experimenting with your business plan won’t mean anything unless you have a way to concretely and objectively measure its results. Methodically analyze qualitative data to form a solid conclusion about your business plan. One most important point to conclude is how much money you are going to spend on a specific project and how much profit it is going to generate.

As an entrepreneur, to get started with enough momentum, you are going to need a great idea. To transform that idea into a money-making product, you are going to need an experienced and affordable product development company in the USA.

The business landscape is constantly changing and evolving, adding new information to existing models. To know more about new product development for your business or to discuss the feasibility of your concept, feel free to contact the GID Development Corporation at https://www.gidcompany.com/