Mike Keer discusses the concept of agile hardware, which involves cycles of innovation and testing requirements throughout the prototyping phases. He emphasizes the importance of learning from each cycle and making necessary adjustments to meet specifications and performance goals. He also highlights the need for flexibility and the ability to pivot in response to unexpected challenges or changes in design. It is important to catch issues early to ensure the product can still be delivered on time and within budget.
In addition to best practices for the design phase, Mike discusses the importance of business processes in achieving success in a business. He highlights the common issue of companies having disjointed systems and processes, which can hinder scaling and lead to inefficiencies. In the short video snippet below, Mike suggests that early planning and understanding of data flows and linkages can greatly facilitate scaling and the successful launch of multiple products. He provides an example of how data flows through various systems, such as CAD, CRM, PLM, QMS, and ERP, and emphasizes the importance of using data to improve product and process design.
Full “10 Best Practices for Agile Hardware Product Development” video
Taking your hardware-based venture from concept to large-scale operation is a journey filled with uncertainties, unanticipated costs and multiple risk factors. Without the right strategies in place, your business may encounter significant hurdles in transitioning from prototype to volume manufacturing. Gain valuable insights into the 10 Best Practices of Agile Hardware Product Realization that will enable you to increase innovation, reduce risk, and bring better products to market faster.
In this video, you will learn critical warning signs of an unsuccessful product launch including:
- Slipping schedule
- Exceeding budget
- Missing key product requirements
Michael Keer, the Founder and Managing Partner of Product Realization Group (PRG), shares his 30+ years of new product development and introduction (NPDI) knowledge, coupled with collective wisdom from the extensive PRG ecosystem. By following the 10 Best Practices, you can help your business identify and mitigate risk early, meet regulatory compliance and set up a resilient supply chain. Leverage the wisdom from industry veterans who have experienced more than 100 product launch cycles. During the session, Michael will share both his experiences and real world “war stories” to illustrate how these best practices can be applied to your venture to avoid.
Key Takeaways:
- Learn how to identify gaps in your product development, operations and supply chain to save your business time and money.
- Explore 10 Best Practices of agile hardware for transitioning your product from concept to volume production, which will help you to mitigate risk and more successfully launch your new product in the market.
- Engage with a seasoned expert to better identify potential product commercialization risks and opportunities for improvement.