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Design to Cost Today
Design to Cost is a key tool for Inventors and Entrepreneurs in insuring
the success of their products. There is
no wanting of good ideas for invention or starting out a company. The problem is that most of the good ideas
are not good commercial products. This is why most inventions fail in the marketplace. While
the inventor will examine and prove out the technological feasibility of their
product they neglect to prove the commercial worthiness of their ideas. Design to cost ties the product back to the commercial marketplace in the early stages of product development. The inventor
and entrepreneur will move forward spending money to develop their ideas in a
rush to be the first to market, but they overlook the discipline of Design to
Cost, which is there to help them evaluate whether or not their product will
make it in the commercial or whatever market place they are focused upon.
Successful companies use some form of Design to Cost, although it may
not be tied together as tightly as we have made it for Inventors and
Entrepreneurs in our training programs. We have
laid out the necessary principles of analysis that will help give you the best
bet for commercial success. Dr.
Granville Ott
was one of the creators of Design to Cost and we have captured the analysis
techniques that he used with a very successful career in Commercial products
with Texas Instruments. If
you add Design to Cost to your new product creation you will maximize your
chances of success in the marketplace.
Our Design to Cost training is full of case studies that will help you learn the step by
step analysis that Granville Ott and Richard Arnold have used for successful invention and
the creation of the best ideas for commercialization.
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