Talking about the present situation, there has been a limitation to the potential cost reduction strategy of the prototypes. This is because there has been an upfront cost of production along with lack of industry wide approach in development. All of these situations can change with the increase in production oriented prototyping also known as POP.
After involving the whole lot of components and full assembly designers that are responsible for the development of product, the method of advanced prototyping could help manufacturers both to reduce risk and cost. All of Rapid Prototyping Services are done while accelerating the route of the product to market. In this article, we would discuss what the techniques are actually involved in this and the ways in which it could be used to improve both productivity and profit margins.
What prototyping is all about?
Prototyping is the most integral part of design thinking. It helps to test the design quickly before the final launch so that when the users get to experience the product, they receive a flawless one. This is a cost reduction tool that can give confidence to businesses before launching a new product or component.
Some common advantages:
After the test products have been launched, proper feedback are needed to be given in terms of the key areas. This would include raw materials as well as production methods. This would increase reliability and hence prototyping can prove to be an effective tool that would improve the overall experience of mass production and finally would also be able to give a clearer picture about budgeting. Prototyping would help any problem to get addressed faster and business would be able to rectify it easily without investing much time or money. This is not only a great way to save money but it also instills a sense of confidence about the company among the customers. Some common advantages would include:
- You would be able to explore ideas and opportunities within a specific focus area that would test out the radical changes.
- Prototyping helps to understand the dynamics of the problem
- It can be used to engage the stakeholders that would help the companies to make informed design decisions.
Prototyping might take up some time that the company could have invested in delivering the end product. However, the customers would lose interest and their confidence on your business if the end product is not desirable. Even though after several years of research and thorough knowledge about a subject, it has been seen that product delivery can get faulty. This is because there is a fine line between theory and practical execution. Prototyping helps to cover that line and get that end result which companies always look out for.
The other side:
There are undoubtedly several advantages of going for prototypes, however one should also not forget about the drawbacks of the same. Prototypes indeed come with a high upfront cost, also there is a lack of industry wide approach for prototyping. This has laid an environment of significant confusion.
To solve this, business now-a-days are opting for Computer Aided Designs also known as CAD software. This would remove the hassles of making the product physically. This would also allow a greater number of products to come to the prototyping phase. With the introduction of POP there has been a significant drop in the production prototype cost and it has also proved helpful in saving time. During times when resources are intensive, careful planning is necessary and failing to do so would impose a negative impact on the production as well as the cash inflow of the business.
