NEW PRODUCT INTRODUCTION AND DEVELOPMENT
At Circuitronics we can create anything you dream of, with our vast engineering resources, years of experience, and in-house talent and equipment we have the ability to design virtually any product. We understand that you don’t have to be an engineer to have a successful product, let us help you shape your idea into a reality.
Whether it’s a paper napkin sketch or a completed design with a bill of materials we can help at any stage of your product’s development. We use a phase-gate style model for product development and we have our phases defined below:
We always want to start by knowing more about your product, design, or idea. We value your intellectual property and are always will to sign a Non-Disclosure Agreement for your protection. This is also an opportunity for us to ask questions to ensure we understand what your ultimate goal is for your product.
This is when we begin to define the product and perform thorough research to help estimate the time, cost, and feasibility of the product’s development. This is typically done by selecting and defining the crucial components required for the product. The goal of this phase is:
- To ensure the product is something that can designed and manufactured using current technology and materials.
- The product will not infringe on any patents.
- Find any competitor or similar products.
- Provide an accurate estimate on how long it will take to design the product.
- Provide a quotation on the design cost of the product.
- Select the major/crucial components required to complete the product.
- Give a rough estimate of final product cost in production quantities.