PD fallacy #8: the bill of materials has the highest priority

Traditional companies building products including mechanics, electronics and software tend to focus on the bill of materials (BOM), standard unit cost (SUC) or some other KPI tracking the per-product instance cost during manufacturing. When manufacturing large numbers of the same product for extended periods, this makes perfect sense as every penny saved is multiplied over … Read more

PD fallacy #4: innovation means latest technology

Few words in industry have such an overloaded meaning as the term “innovation.” Innovation and all its derivatives, like being innovative, in many contexts simply mean “good.” The underlying idea is that we like new and different, and an innovation will provide that. In product development, innovation almost always refers to introducing a new technology … Read more

Reflecting on 2022

As 2022 is moving towards its end and this post is supposed to come out on Christmas day, I felt it might be worthwhile to share some of my reflections on 2022. In many ways, it has been a bit of a strange year in my view in that we on the one hand moved … Read more

10 product development fallacies

During the last months, several companies connected with me to help them with their product development process. Typically, these are embedded-systems companies with strong stage gate processes dictated by the challenges associated with mechanics and electronics. Their challenges are typically associated with procurement and manufacturing. The reason that these companies reach out is the increasing … Read more