It’s a pretty simple concept. When you miss a deadline you lose money. So it’s ever important to keep an eye out for the top 3 product development deadline killers and to pick a seasoned team to help you avoid money pit mishaps.
1) Design for manufacturing
In the world of product development exists a subset of people who will promise a quick and cheap functioning prototype. For some this may be what is needed to gain initial funding. However, if you are like most companies you need to be smart about designing for manufacturing from the get go. That means having a well adapted team of designers and engineers who can create a functioning and beautiful prototype with manufacturability in mind. Having this team in place from the prototype stage will ultimately save you time, money, and give you a better understanding of your product development and manufacturing timeline.
2) Cultural Differences
Besides understanding the unique holidays that your manufacturer may celebrate you will also want to understand the subtle differences in contractual agreements. Time can easily be lost when the work you had originally signed off on hasn’t actually started because your manufacturer may interpret your contract as more of a starting point for negotiations. This type of time sink can be avoided when you employ a product manufacturing team that has a great working relationship with multiple manufacturers, factories and a comprehensive understanding of their cultural differences.
3) Overseas shipping and Customs
Congrats, you are in the home stretch of getting your product to market but for most this isn’t the time to relax because more often than not products get caught up in port, damaged on the dock or even worse held at customs. Unnecessary shipping and customs headaches can be avoided if you are working with manufacturing veterans who have thought about your products unique shipping and customs needs long before the product has been packaged up.
Understanding these top 3 product development deadline killers is as important as finding a team who has navigated these waters before.