Product Development and Cost Analysis

Derecktor Design provides product development and cost analysis services that help you to design and build products cost-effectively.

Product Development Services

The type of services that we provide includes the following.

Engineering
Design, modeling, and CAD
Design for manufacturability (DFM)
Material and manufacturing process selection
Design failure modes and effects analysis (DFMEA)
Finite element simulation and analysis (FESA)
Trade study
Prototype fabrication
Prototype testing
Prototype photography and rendering

The Product Engineering Life Cycle

The product engineering life cycle is the sequence of stages and activities involved in bringing a new product from concept to market.

These stages include the following.

Conceptualization
Planning
Design
Development
Testing and validation
Manufacturing and production
Launch and deployment
Post-Launch support and maintenance
Lifecycle management

Product Cost Analysis

Product cost analysis involves identifying all of the components and factors that contribute to the total cost of manufacturing a product. The goal is to identify opportunities for cost reduction, optimization, and improvement to enhance profitability and competitiveness.

The key aspects of product cost analysis include the following.

Cost identification
Cost allocation
Cost breakdown
Cost comparison
Cost estimation
Value engineering
Continuous improvement