Doing well the job of designing products may
help companies reduce costs and gain more customer satisfaction. “Doing well” does
not only mean designing excellent products, but also designing them
efficiently. Innovations, which are technologies, in product design have been proved
to contribute greatly to the cost-effectiveness of companies.
Take HTC Sweden, a flooring systems company,
for example. Its grinding machines make luminous work surfaces from concrete.
Prior to having innovations in product design, the company built physical
models of new products, which costed up to $500,000 per prototype. Coping with
the high costs, the company has launched a “digital prototyping” system, which
has enabled its engineers to design, visualize and simulate their new products
on computers. Such innovative change has reduced 97% of the product development
costs.
BigToys, a company which makes
earth-friendly custom playgrounds for communities and schools, is another instance.
Experimental new products used to be physical, with the size was sometimes as
big as a stadium. However, after implementing a digital prototype system, the
company has been able to virtualize the design and experimental process. That
has not only reduced costs, but also increased customer satisfaction because
they have now been welcome to get involved in the design process itself.
Sources:
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