Challenges with Regulatory Compliance and Complex Products
Consumer electronics businesses have accelerated innovation over the past several years in an effort to provide customers better goods. Global supply chains and distributed teams are commonplace. Everyone is racing to link people, data, and gadgets in a variety of contexts using the Internet of Things (IoT). In addition, in order to compete in the global market, ever-increasing environmental, safety, and regulatory criteria must be met. This is on top of the fact that goods and supply chains are becoming more complicated.
In light of this, it is essential to maintain communication between the product development and production teams as you create, test, and launch products more quickly and affordably.
This blog series will look at how modern innovators may speed up the entire end-to-end NPDI process, including new product development (NPD) and new product introduction (NPI). We’ll go through how to use a centralized product record as a single source of truth to link your complete new product team throughout the product realization process. Let’s first examine the principal difficulties that goods firms today are facing.
more rules and complexity
Medical device, high-tech, and consumer electronics product design and production are becoming more difficult as a result of IoT capability. Software, sensors, and networks are necessary for technological improvements to enable smart homes, automobiles, and voice-activated personal assistants like the Amazon Echo and Google Home.
It is more difficult to get dependable products into your clients’ hands when there is this amount of intricacy. Mechanical, electrical, and software engineering teams must work together often to solve quality and functionality problems throughout the whole NPDI process in order to introduce high-quality products.
Along with increased product complexity, changing safety, environmental, and regulatory compliance standards like RoHS, REACH, and conflict minerals are making it harder to get products to market on schedule and within budget.
expansion of international NPD and NPI teams
NPD and NPI—how distinct are they? NPD and NPI are sometimes mistaken with one another or used in the same context, but they actually deal with two distinct stages of the product realization process. Early design and development are the emphasis of NPD, while NPI ramps up as you move into the commercialization stage and continues through shipment of products to market.
NPD was mostly a one-company operation thirty years ago, when internal engineers designed the items and then turned them over to internal manufacturing resources. Nowadays, the majority of original equipment manufacturers (OEMs) and original design manufacturers (ODMs) make use of distributed engineering teams located all over the world, such as a Sunnyvale hardware group and a Bangalore software group, frequently with the assistance of outside design partners.
Distributed internal teams and external supply chains are more susceptible to serious communication breakdowns that could halt production, lead to product recalls, and pose a safety risk to customers.
development and growth of smart linked gadgets
Today’s production firms must make sure electronics, sensors, and software components function flawlessly in addition to negotiating a plethora of agency laws and quality requirements.
The IoT industry is anticipated to reach $8.9 trillion by 2020, according to worldwide predictions. [i] To satisfy the unquenchable need to connect at any time, anyplace, modern product inventors will keep developing IoT capabilities. Manufacturing firms and their partners will work to find new methods to use IoT to measure, evaluate, and enhance equipment performance and customer satisfaction in addition to responding to consumer-driven needs.
IoT-enabled solutions will assist businesses in coming up with fresh methods for customers to access useful data. However, the IoT movement is still in its infancy and faces numerous obstacles as IT is compelled to manage terabytes or even petabytes of data across numerous systems and platforms, as well as as massive security measures and standards grow to secure consumer information.
We will talk about how to overcome these difficulties throughout this series by improving the bill of materials (BOM) management, connecting quality management, and streamlining collaboration with distributed teams across the product lifecycle. We will also look at NPDI processes’ best practices for ensuring quality and legal compliance.
Check out our white paper for a look at each of these recommended practices right away: Getting Rid of Obstacles to Product Innovation.