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Phases of Product Development: Engineering Phase
Concept Illustrations Our engineer/designers assist clients in the initial conceptualization and design of their concepts. We have several industrial design engineers specializing in various fields. Each has been responsible for designing national and international products that have successfully reached the marketplace. These designers have all been with Fortune 500 companies and/or major universities. They use their expertise in "design for manufacture" to make a concept as efficient and cost-effective as possible. Our client is then provided with two different concepts in full color. These illustrations normally have numerous applications including prototype, direction/construction, market research, and concept presentation invertors and potential licensces.
Final Design & Manufacturing Feasability An engineer should be commissioned to assist you in the final design for manufacture. Appropriate design modifications resulting from any market research should be incorporated into the product design, if economically feasible. This process will address any "manufacturing feasibility" concerns raised by prospective licensees, help in the bidding/negotiations with potential manufacturers, and aid the patent attorney in the patent preparation. Engineering, Protyping, and Manufacturing Costs In this phase, we need to determine the basic issue of total manufacturing and prototyping costs. An authority in your industry needs to assist in determining the best manufacturing methodology and provide you with the costs for tooling and building your concept. We deal with a diverse group of industrial design engineers and manufacturing specialists with expertise in various fields. It has been our experience that unless this information is readily available to potential licensees and/or investors, negotiations bog down until it can be provided. This data must be available in order to make appropriate financial projections. |
