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Managing technology through product life cycle - Coggle Diagram
Managing technology through product life cycle
Product or Service Design Activities
Translate Customer
Refine
existing
Develop
new products and services
Plan quality goals
Test prototype
Document
specifications
Objectives
Customer satisfaction
Understand what the customer wants
Product and Technology Life Cycles
idea for the solve a solution or satisfaction of a need
Common Projects
Design
Build
Test
Product Cycle
Customer need
Product Planning
Product Research
Product Design
Production
Evaluation
Customer Use
What is a Product?
Customers buy satisfaction
Need-satisfying offering of an organization
May be a good or a service
Product Components
Product
Brand
Product idea
Physical Good
Features
Quality Level
Service (Warranty)
Package
Product Life Cycle
Introduction
Fine tuning
Maturity
Competitors now established
Improved cost control
Decline
Unless product makes a special contribution, must plan to terminate offering
Growth
Product design begins to
stabilize
New Product Strategies
First-to-market
Follow-the-leader
Me-too
Application engineering
New Product Development Stages
Conceptual
Technical Feasibility
Development
Commercial Validation
Production
Product Support
Disposal Stage
Engineers Must Communicate
Drawings
Specifications
Financial Estimates
Written Reports
Oral Presentations
Sales
Production Documents
Assembly Drawing
Assembly chart
Route sheet
Work order