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PRODUCT DEVELOPMENT IN INDUSTRY
UNIT 3 - AREA OF STUDY 2 PRODUCT DEVELOPMENT IN INDUSTRY
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TYPES OF INDUSTRIES FOOD & BEVERAGE TRANSPORT / DISTRIBUTION
TEXTILES – CLOTHES, SHOES, ACC WOOD & PAPER PHARMACEUTICAL PETROLEUM & CHEMICALS METALS – MACHINERY AGRICULTURE BUILDING & CONSTRUCTION
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ADVANTAGES OF INDUSTRIES
CREATES PRODUCTS CREATES EMPLOYMENT & SKILLS CREATES COMPANY WEALTH CREATES NATIONAL WEALTH CREATES TAXES CREATES A STANDARD OF LIVING CREATES COMMUNITY
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INDUSTRY DISADVANTAGES
POLLUTION – AIR, WATER, SOIL NATURAL RESOURCES DEPLETION CREATION OF TOXINS WASTE MATERIALS PROMOTES SOCIAL CLASS
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FACTORS GUIDING INDUSTRY
TESTING MANUFACTURE PRODUCT USE DISTRIBUTION PROTOTYPES MARKET RESEARCH SOURCING MATERIALS DESIGN RESEARCH & DEVELOPMENT PRODUCT DISPOSAL PRODUCT SALES/RETAIL PRODUCT MAINTENANCE & REPAIR
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PRODUCT DEVELOPMENT PROCESS
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PRODUCT DEVELOPMENT PROCESS
MARKETING DESIGN & PROTOTYPE MANUFACTURE & QC DISTRIBUTION & RETAIL USE DISPOSAL
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MARKET RESEARCH DATA COLLECTION METHODS FROM CONSUMERS PRIOR TO MANUFACTURE SURVEYS INTERVIEWS TRIALS/TESTS (human centered design) QUESTIONNAIRES SOCIAL MEDIA – TWITTER, FACEBOOK APPS ?
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THE FIVE Ps OF MARKETING
MARKETING CONSIDERATIONS PRICE – the cost of the product PRODUCT – the item to be marketed PEOPLE – the consumers/end users PROMOTION – advertising the item PLACE – where to sell the item
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RESEARCH & DEVELOPMENT
PERFORMED DURING MANUFACTURE EMPLOYEE TRAINING QUICKER MANUFACTURE ECONOMICAL MANUFACTURE MORE EFFECTIVE MANUFACTURE APPROPRIATE MANUFACTURING SYSTEMS MATERIALS DEVELOPMENT - NEW WITHOUT COMPROMISE TO PRODUCT QUALITY
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