Product Development Steps

STEP ONE	CONCEPT	Market needs evaluation Competitive product analysis Technology assessment Product concept generation

STEP TWO	FEASIBILITY	Preliminary experiments Preliminary design Market research Project plan Economic feasibility

STEP THREE	DEVELOPMENT	Technical experiments Circuit engineering and software design Regulatory compliance design Package design Testing and evaluation

STEP FOUR	PROTOTYPE	Physical design and styling Model making Technical evaluation Market evaluation

STEP FIVE	PRODUCTION ENGINEERING	Vendor and component selection Physical and printed circuit design Molds and tooling Documentation and drawings Production prototype Regulatory certification

STEP SIX	PRODUCTION START-UP	Test procedures and fixtures Production setup Pilot production run Company self sufficiency

STEP SEVEN	SHIP PRODUCT	Market introduction Technical literature and manuals Patent prosecution Customer applications