Operations and Supply Chain Management: OSCM Chapter 3: Product Design Flashcards
College: Third year
Product Design
is integral part of success of many companies and differs significantly depending on the industry.
Core competency
is one thing that a firm can do better than its competitors. The goal is to have a core competency that yields a long-term competitive advantage to the company.
contract manufacturer
an organization that performs manufacturing and/or purchasing needed to produce a product or device not for itself but as a service to another firm.
product development process
some firms define and follow a precise and detailed development process, while other may not even be able to describe their processes.
the same organization may follow different processes for different product groups.
6 steps of product development process
phase 0: Planning
phase 1: concept development
phase 2: system-level design
phase 3: detail design
phase 4: testing and refinement
phase 5: production ramp-up
Technology-push products:
a firm begins with a new proprietary technology and looks for an appropriate market in which to apply this technology. (the technology pushes development)
Process-intensive products:
for these products, the production process has an impact on properties of the product so that product design cannot be separated from the production process design. (process-intensive products are produced at very high volumes and are bulk)
Platform Products:
Built around a preexisting technological subsystem (a technology platform)
Customized Products
slight variation of standard configurations and are typically developed in response to a specific order by a customer.
developing these products consists primarily of setting values of design variables such as physical dimensions and materials