Product Development of XXX

Product Development Procedure

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Product Development of XXX by Mind Map: Product Development of XXX

1. Stage 2. Analyze Product and Vendors

1.1. Identify potential suppliers/vendors for product

1.1.1. Cost

1.1.2. Minimum order of quantity

1.1.3. Lead time

1.1.4. Delivery Terms

1.1.5. Samples for physical testing

1.1.6. Technical competency

1.1.7. Specifications

1.2. Compare against different suppliers/vendors

1.2.1. Equivalent Products Comparison

1.2.1.1. Technical Comparison

1.2.1.2. Commercial Comparison

1.3. Compare against existing competitors

1.4. Prod Inclusion

1.4.1. Item Master

1.4.1.1. IM Partial Fill for registering product

1.4.1.1.1. Nomenclature

1.4.1.2. IM Product Requirement

1.4.1.2.1. Catalogue

1.4.1.2.2. PDR Document Creation

1.4.1.2.3. Manual

1.4.1.2.4. Datasheet

1.4.1.2.5. Drawings

1.4.1.3. Item Master Commercial

1.4.1.3.1. Pricelist

1.4.1.3.2. Pricing Structure

1.4.1.3.3. Quantities

1.4.2. Product Web Page / Sharepoint Folder

1.4.2.1. Site Template creation

2. Stage 1. Initial Market Feedback/Research

2.1. Scope of revenue based on existing market share of competitors

2.2. Potentials projects for product

2.3. Existing brands in that category

2.4. Reviewing competitor product

2.4.1. Product specifications

2.4.2. Accessibility of product

2.4.3. Distributors

2.4.4. Brands

2.4.5. Reviews

2.4.6. Promotional material

2.4.7. Field test of competitor product from service team

2.4.8. Certificates (company and product)

2.5. Product certificate requirements – to sell in local market and project approval

2.6. Internal development time based on extent of potential revenue

3. Stage 3. Testing

3.1. Consolidate all error codes, features, parameters, test videos from supplier

3.2. Identify potential issues with features, error functions, and normal user operatio

3.3. Prepare test bed

3.4. Field Test

3.5. Analyze test data

3.6. Communicate results with Supplier

3.7. Get Approval from Mr. Ibraheem on sample product

4. Stage 4. Documentation and Supporting Information

4.1. Develop OEM labelled documents

4.2. Design team documents

4.3. Videos

4.4. Certifications

5. Stage 5. Sales and Marketing (if product is for a project – then move to customer installation and commissioning)

5.1. Product Launch Meeting

5.2. Sales Feedback Information Collection

6. Stage 6. Product commissioning and service

6.1. Ensure label has contact information for service requests, maintenance, and problems

6.2. Updating maintenance log information and contact information of supplied product

6.3. Commissioning report

6.3.1. Parameter recording

6.3.2. Serial number recording

6.3.3. Images of installation

6.4. Register product for warranty for retail/DIY/one time sale products

6.5. Training service for maintenance and service of product