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Speed to Market through Program Management

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Presentation on theme: "Speed to Market through Program Management"— Presentation transcript:

1 Speed to Market through Program Management
Presented by Tom Lawton Advent Design Corporation May 14, 2002 Advent Design Corporation, Bristol PA

2 The Question to Answer this morning:
How can we most effectively and efficiently bring a successful product to market? Advent Design Corporation, Bristol PA

3 The short answer: Use a well developed process and use this process to constantly and relentlessly move forward. Typically this will involve more resources on the front end, during the planning portions of the project, than are typically allocated. Advent Design Corporation, Bristol PA

4 Product Design Process
Phase 1 - Concept Phase 2 - Feasibility Phase 3 - Development and Design Phase 4 - Introduction Phase 5 - Standardization Phase 6 - Withdrawal Advent Design Corporation, Bristol PA

5 Define Terms Proof of Concept Alpha Prototype Beta Prototype
Pre-Production Prototype First Run Production Production Advent Design Corporation, Bristol PA

6 Phase 1 - Concept Product Specifications Design Concept
Comparison of Specifications and Concepts to market needs and approximate price points. Advent Design Corporation, Bristol PA

7 Phase 2 - Feasibility Proof-of-concept prototype Alpha prototype
Review price and performance against market needs. Advent Design Corporation, Bristol PA

8 Phase 3 - Development and Design
Beta Prototype Pre-Production Advent Design Corporation, Bristol PA

9 Phase 4 - Introduction Marketing evaluation Production evaluation
Advent Design Corporation, Bristol PA

10 Phase 5 - Standardization
Accessorize and add to product’s selling potential Reduce manufacturing costs Advent Design Corporation, Bristol PA

11 Phase 6 - Withdrawal Plan for product withdrawal and replacement
Advent Design Corporation, Bristol PA

12 PRELIMINARY Product Design Project Flowchart Preliminary Design
Review with Customer Initiation Meeting Develop Product Concepts Concept Design Review with Customer Formulate Product Specification Develop Project Schedule Develop Design and Drawings Cost Analysis FMECA Reliability Study Alpha Critical Design Review with Customer Purchasing and Fabrication Internal Project Review Customer Project Review Assembly Proof of Concept Investigation Internal Design Review Define Test Parameters Preliminary Design Review Alpha Critical Design Review Develop Alpha Qualification Test Proc. Assembly Debug Alpha Qualification Testing Alpha Qualification Test Review with Customer Revise Design and Drawings Cost Analysis FMECA Reliability Study Beta Critical Design Review with Customer Purchasing and Fabrication Beta Qualification Testing Beta Qualification Test Review with Customer Final Project Review with Customer Assembly Project Review Finalize Documentation Write Alpha Test Report Write Beta Test Report Assembly Debug Develop Beta Qualification Test Proc. PRELIMINARY Product Design Project Flowchart Type 1: Customer’s Preliminary Idea, Alpha & Beta Through Production Build NOTE: This document contains proprietary information and may not be duplicated without the express written consent of Advent Design Corporation. File: PD Date: 4/1/ :09:08 AM

13 Example of how we can successfully use this methodology in the real world
Princeton Tec Pulsar Advent Design Corporation, Bristol PA

14 The Challenge Bring new product to market from initial concept to production in less than four months Advent Design Corporation, Bristol PA

15 Background Last product had taken over 18 months to bring from concept through production Internal costs on last product had been excessive Major trade show scheduled for end of January 2000, project had to be completed for the show. Company needed to be able to accept orders at the show and deliver in a timely manner afterwards. Advent Design Corporation, Bristol PA

16 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

17 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

18 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

19 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

20 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

21 Advent Design Corporation, Bristol PA 1-800-959-0310 www. adventdesign
Advent Design Corporation, Bristol PA

22 Results Fastest, most successful product launch in the company’s history. Largest single product ever in the company’s history (volume and dollar). Invitation to return and run all product development for this company. Advent Design Corporation, Bristol PA


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