Product development (“PD”) is a core competency for any product-oriented company, whether a Fortune 100 firm, a small engineering business, or a technology-based startup. Commercializing innovative ...
Most opportunities to reduce product cost come early in development, when specifics are not yet nailed down. Unfortunately, there are significant obstacles to making early cost trade-offs. For ...
Computer-aided designs, such as this model of a fingertip-sized heart pump, can reduce the number of physical prototypes that must be made. Computer-aided design (CAD) is a tool intended to facilitate ...