Wednesday, April 07, 2021

Product design strategy

The product design strategy deals with degree of standardization of a product. The company has a choice among the following strategic options, standard product customized product and standard product with modifications.

A good product design strategy will help protecting revenues, reputation, colleagues, and understanding how to learn fast.

Design is the very core of innovation. New products or services, which are developed on a regular basis, are one of the main factors for sustainable success of companies.

During product design in the food and other processing industries, there is an interlocking of the raw material production, processing and storage with the product design. The term product design and development together has more of a business approach, as it also incorporates issues like market studies, market introduction, product review activities, knowledge management, collaboration and others too.
Product design strategy

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