The Importance of New Product Design – Manufacturing Cost Perspective

Introducing a new product into the market is a dream come true for every inventor. Introducing a new product, however, is not easy. While conceiving an idea and outlining it on a piece of paper might be simple, creating a new product from that idea is certainly a challenging task. New product development involves the creation of a constructive new product design, development of alpha and beta prototypes, testing of the prototypes, development of production tooling, mass-manufacturing of the new product, distribution of the new product, and many other crucial processes in between. Each new product development stage is vital, but in this blog, we will shed some light on new product design.

Like every other stage involved in new product development, the stage of new product design is very important. Because it comes in the early stages of new product development, understanding the product design stage demands a bit more attention. Besides, since it is one of the primary stages of new product development, the entire outcome depends on it; hence, more care is needed during this stage – the product design stage.

The success of any product heavily relies on its product design. Product design by definition can be said as, “a process of defining and creating constructive designs for a product, so as to ensure that the new product becomes successful in the market.” New product design addresses numerous things, however. For one, during the product design stage itself, the inventor can get a clear idea whether or not it is possible or feasible to create the new product. Another crucial thing the product design addresses to is the cost of manufacturing the conceived product. Most inventors, often overlook this “new product design and cost of manufacturing” aspect. In fact, some inventors do not even know what the effects of new product design are on the cost of manufacturing the final product.

Product design is not only defining and creating alluring designs for the new product, but it is also about crafting practical, functional, and cost-effective designs for the new product. Aspects such as, how many parts the new product will have, how compact or large the parts will be, what material(s) the parts will be made of, what process will be used in the production of those parts, and many others are also included in product design. After numerous brainstorming sessions, computer analysis results and mock-ups, a perfect new product design, or at least, a near-perfect new product design for a product is realized, which is beautiful, practical, functional, and most importantly, the one that facilitates economical mass-manufacturing.

Developing an efficient new product design is indeed an overwhelming task, and it might be impossible for inventors to develop such efficient designs on their own. Fortunately, there are professional product design companies, like the GID Development Corporation, that specifically deal with creating sensible new product designs and helping inventors develop successful new products at economical costs.

GID Development Corporation, an eminent new product design company in California, USA, has the experience, knowledge, tools and a team that help inventors with constructive product designs for their new product ideas. Utilizing cutting-edge technologies, like 3D EXPERIENCE Platform from Dassault Systèmes, which includes SOLIDWORKS, CATIA V6, and other apps, and their decades of experience, the veterans at GID Development Corporation create definitive product designs that are neat and functional as well as feasible and economical to mass-manufacture. Whether it is creating an efficient product design for electromechanical products, medical device products, products with imbedded software, products with electronics, or any other generic or special-purpose products, GID Development Corporation will “Get It Done!”

Some of the product design principles that GID Development Corporation follows include:

  1. Derive visually-appealing product design that is error-proof to assemble and easy to mass-manufacture with shortened product development cycle time
    • Determine and select cost-effective material(s) and production process
    • Attain a knowledge base of tooling requirements
    • Develop efficient production tooling
  2. Create a modular product design with minimized parts count
  3. Design parts with self-locating features
  4. Design parts with self-fastening features
  5. Emphasize “Top-Down” assemblies
  6. Design for a base part to locate other components
  7. Design for component symmetry for insertion

Adhering to all the above product design principles, and other ubiquitous as well as unique design principles, GID Development Corporation creates exceptional new product designs, which facilitate economical mass-manufacturing.

Along with new product design, GID Development Corporation also helps inventors with new product development, product prototype development, product prototype testing, product pre-tooling development, product mass-manufacturing, product branding, product distribution and many other product fulfillment services.

Learn more about new product design company in California, GID Development Corporation, by visiting https://www.gidcompany.com/.

Currently, GID Development Corporation is offering a free telephonic conference to help answer various product design and development-related questions that inventors may have. Anyone who is interested can just call Jim Grimes, one of the veterans at GID, at 714-323-1052 between 8:00 AM to 5:00 PM PST.

Choosing a Custom Product Manufacturer in the United States

Someday, early in the morning you had your eureka moment. You know that the new product idea that just evoked your mind is worth development and will generate a huge profit for you. However, you don’t have a skilled workforce, adequate experience to initiate the project nor you have industry certified tools to embark the project. So, should you drop the idea of developing a revolutionary product? Absolutely not. Go for choosing a Custom Product Manufacturer in the United States.

In the age of globalization, there are thousands of product manufacturing companies keen to help with custom product development. Here’s how to choose the right custom product manufacturer to get the job done in the most professional and efficient manner.

What to Look for When Hiring a Custom Product Manufacturer

  1. Hire a company whose primary business is product development
  2. Hire a company having a collection of technical and experienced professionals
  3. Hire a company familiar with the latest technologies
  4. Hire a company having its root deeply penetrated in the marketplace
  5. Hire a company having a team to offer a fresh point of view
  6. Hire a company having dedicated resources to bring significant specialized experience to any project
  7. Hire a company that knows and offers the right combination of services

According to an ancient quote, “If the only tool you have is a hammer, you will see every problem as a nail”. Therefore, find a full-service provider who fits your project requirements, and not one having limited resources and limited industry experience. You should strictly follow this quote while finding a product manufacturing company because, in the 21st century, injection molders, rapid prototypers (SLA service bureaus), board houses, and even plastic suppliers describe themselves as custom product manufacturers. As a responsible entrepreneur, you need to ensure that the product development company you hire is not limited to solutions based on their core business.

Contact the GID Development Corporation

For startups, small, and medium-sized businesses who want to establish their unique presence in the market, we help them with everything they are searching for. Hiring GID as a custom product development will allow you to take advantage of opportunities, which are not part of your core business and develop products that are not simply extensions of their existing product lines. At GID, we have dedicated resources to professionally execute all of the design and engineering jobs.

The GID Development Corporation is not an ordinary manufacturer, a molding shop, or a circuit board house. If you need the services of skilled product developers, we have the resources, the tools, and the experience to bring your ideas into reality.

6 Tips by Custom Product Manufacturer, USA, to Transform Your Idea into Money Making Products

Transformation of great product ideas into useful products has made our life more comfortable and luxurious. It not only fuels the economy, but also wins the heart of people wherever it goes. We come across thousands stories featuring successful new product development yet those who fail are left behind alone in the dark to themselves to wonder, “What went wrong?” So, is there any way to help businesses avoid common pitfalls and succeed smoothly? In the industry of custom product development, success is all about the mindset. Instead of concentrating solely on the manufacturing of the new product, an entrepreneur needs to focus as a businessperson from the start.

In the last ten years, being a custom product manufacturer, GID has seen thousands of businesses transforming their original concept into innovative, useful and most importantly, moneymaking new products. In addition, with the rise of the world economy and amazing new resources available for developing, manufacturing, financing, advertising, selling and distributing products, the prospect for innovative product entrepreneurs has never been better than today.

As the need of every new product development is different, the journey of every entrepreneur is also unique. However, just like any other serious endeavor, the decisive steps are the first ones. Here are six tips to get you started on the path of success, and they are as follows:

  1. Treat Your Product Concept as a Business from the Start – When it comes to success in business, there is nothing like a short cut. Before you plan to bring your product in the market, open your mind, analyze your market, understand the market needs, your overall product manufacturing costs, product’s retail price, your profit margin, and competition in the respective market.
  1. Validate Your Market – It is one of the most significant steps in the process of custom product development; however, this factor is frequently overlooked. As inventive people, we are so enchanted and mesmerized by our concepts that we tend to put earmuffs and blinders on. For example, consider that you work for a huge firm like Kimberly Clark, and your task is to advise your boss as to which potential products will fetch the maximum ROI. The simplest, tested, and the most reliable way to learn what your targeted customers require, is to “ASK THEM (customers)”by conducting surveys and by organizing informal focus groups.
  1. Make it Simple – Most times, new product ideas include showy features from electronics to unnecessary whistles that drive up the overall manufacturing cost and the retail price. Manufacturing high-quality custom products with only required features with an appropriate price tag can generate more sales and more profit.
  1. Raise Smart Money – Use microloans, credit lines, crowd funding, and other online funding alternatives that suit your business. For your assistance, here are some names and they are, SoMoLend, Opportunity Fund, Accion USA, Kiva Step Ahead Loan Program, and Kabbage to get going. With little or more efforts, you will easily find a financier for your project.
  1. Develop a prototype of your Concept – Once you are ready with product design, don’t initiate the bulk manufacturing process. Instead, start with something basic like rapid prototyping of the concept that can be refined repeatedly. It does not need to be fancy or costly. The sole purpose of product prototype development is to test the functionalities and to conclude whether your idea is feasible or not.
  1. Business Planning will improve your chances of success – Most entrepreneurs overlook the importance of business planning; however, a strategically designed business plan can help you get to market faster. A business plan will help your products / services gain instant clarity, focus, and market trust. A single business plan can answer many questions at a time such as:
  • What am I manufacturing?
  • Who are my targeted end-users?
  • What is my commitment to my customers and to myself?
  • What are my goals, strategies, and action steps to accomplish these business goals?

In the journey of custom product manufacturing, there are many steps, but with the availability of new resources for product development, as an entrepreneur, you can transform your idea into something really big and conquer the market. You can contact GID, a product design and development company in California, USA, for more tips and for manufacturing new products.

GID, a custom product manufacturer, offers custom plastic and metal product manufacturing services that cover the end-to-end spectrum of the product and service life cycle, including product design to product prototyping to bulk manufacturing. We have different teams ranging from concept improvement to R&D and from product designers to engineers with an unparalleled ability to identify key levers for growth and productivity.

For more tips, you can read our informative blogs on new product development: https://www.gidcompany.com. To explore our potential as a custom product manufacturer, you can browse our portfolio at https://www.gidcompany.com/our-portfolio/.

Also, Read Our Latest Posts:

Top 3 Product Design Tips

GID Company Offers Best Product Design in California

Need Product Prototype Development? Visit GID Company

Why Choose GID – A Leading Product Development Company?