Excel your business performance with our New Product Introduction (NPI) services

New Product Introduction (NPI) is one of the most vital processes in electronic product development. Once you start a product development process and then move to New Product Introduction (NPI) process to transform your initial idea into tangible proof, you have to manage various tasks in parallel. To achieve this effectively, you need a nimble and experienced partner who can unlock a repeatable ecosystem where you get to create, test, and optimize your new products while enabling continued scalability of your business.

With our proven methodology in the new product introduction (NPI) process and a team of skilled professionals, your product begins its life cycle at peak reliability and minimum cost, with the most appropriate validation and test procedures.

We can provide you with the ideal transition from design, development, and prototyping to initial production runs, a thorough review of process performance and an evaluation of the new electronic product before implementation. The detailed processes we conduct to ensure that the product is fit for the market include: Design For Manufacturing and Assembly (DFMA), Design For Testability (DFT) analysis, Failure Mode Effect Analysis (FMEA) for risk evaluation, and certification support.

Undoubtedly, the new product introduction process hides something more, aside from straightforward procedures, where each stage feeds into the next. It's more about a comprehensive approach to planning the product lifecycle process, including product idea validation, feasibility with design and prototyping, product development following the design for manufacturing guidelines, component cost analysis, and commercialization.

On this scale, any company planning the product industrialization might need help in balancing valid and thorough information as well as time and resources. Having an experienced contract manufacturer with dedicated resources in the organization is important, to bridge any technical skill gaps. At VECTOR BLUE HUB, we know how to unify the continuity of operations in order to eliminate the functional silos, and then validate and optimize the product designs as an integrated whole.

Get familiar with our NPI services to assure a quick product launch while keeping the quality manufacturing costs at an optimal level.

To maximize the New Product Introduction (NPI) process, we use the Design For Manufacturing and Assembly (DFMA) methodology. It reduces the process to its simplest form in terms of component production as well as their mounting in the final device.

We Design For Manufacturing (DFM) by choosing the best sources and components in terms of the economics for the project. Moreover, after the analysis, we minimize the process cycles so as to lower the costs of components and the whole production time.
Moreover, we Design For Assembly (DFA) by simplifying the product construction work in terms of both assembly time reduction and project stability.

What's more, to ensure the highest product quality, we introduced to our NPI process the Failure Mode Effect Analysis (FMEA). It is important to not only identify potential failure modes, but also to evaluate the likely severity of the associated effects and likelihood of occurrence. This will allow you to prioritize risks and take corrective action accordingly.

A life cycle cost analysis is an evaluation tool used to determine the expenditure required to purchase, own, operate and maintain an item or service. The objective of an LCCA is to compare the total cost of ownership (TCO) of competing products or services in order to choose the most cost-effective option.

We often use LCCAs to make decisions about procurement, but can also we apply it in other decision-making contexts such as facility management and product design.

In general, an LCCA takes into account all costs associated with a product or service over its entire life cycle, from acquisition through disposal. These costs can include:

• the purchase price,
• installation and setup costs,
• operating costs (e.g., energy consumption, maintenance, repairs),
• disposal or recycling costs.
  

Each project of new product introduction process has a dedicated project manager who manages the project schedule by examining the milestones, key dates, and the critical path throughout the project development lifecycle and manufacturing process. Each NPI process project manager at VECTOR BLUE HUB is responsible for reviewing all potential constraints, assumptions, and concerns in order to mitigate the risks.

Our dedicated NPI team is committed to working with Agile methodologies and continued improvement. By gathering customer feedback, we find the most effective way to work with frequently changing requirements and environments, and to design a repeatable production process with continuous integration of changes in the Bill Of Materials (BOM). No matter what the quantity, we can cost-effectively optimize the production of the most challenging electronic devices - from hundreds to hundreds of thousands.

The right contract manufacturer - Get in touch with us today!

If you need a close partner in the New Product Introduction Services contact VECTOR BLUE HUB team. 

Contact us today if you would like additional information or to discuss the NPI process or product development. Our team is eager to support you!