Building a BOM : No Pricing

Building a BOM : No Pricing

In the previous two articles in this Building a BOM series (5 Required Fields and 7 Optional Fields) I discussed what should be in a BOM. But, it's also important to mention what should not be included.Under no circumstance should the price of a part be listed in a released BOM. I see this mistake too many times. A released BOM should contain only static data, which will be accurate at any point in the life of the BOM - from the time it was created until the next time an engineer makes a revisioned change. Pricing and lead times are variables. 

Building a BOM : The 7 Optional Fields

Building a BOM : The 7 Optional Fields

In the previous article in this BOM Building series, I listed the 5 bare minimum fields required for a proper BOM (Bill of Materials). The goal of any BOM is to accurately represent the discrete parts of your product with sufficient detail to procure them - no more, no less. While only 5 fields are required to accomplish this, the addition of the following optional fields helps make your BOM more robust and efficient for a procurement team to do their job. 

How to Find, Evaluate, and Partner With Contract Manufacturers

How to Find, Evaluate, and Partner With Contract Manufacturers

The hard and soft goods industries have seen exponential changes in the last few years. There is now a wealth of services and tools that make it much easier for someone with a product concept to begin prototyping it quickly and cheaply. Advancements in software tools, 3D printing technology, and rapid prototyping services have resulted in an overwhelming number of entrepreneurs trying their hand in product development.

The 6 Stages of a Successful Product Lifecycle

The 6 Stages of a Successful Product Lifecycle

A hardware product has discrete stages in its lifecycle from concept to completion, or more colloquially: from Cradle to Grave. Each of these stages has a purpose with its own set of goals and exit criteria. If not administered properly you greatly increase the risk of a less than successful product launch plagued with delays and budget overruns. In the worst case, you completely miss the market window and your chances of any success.

I'm Down With MVP

I'm Down With MVP

Saying you’re working on an MVP is all hip and cool these days, and part of the now prevalent Agile methodology. But, I posit: Do you really know what your MVP is?  How do you know when you’ve reached it? This article helps you better understand when an MVP is complete and what the next step is after a successful MVP. 

Smart Prototyping: Turning your Idea into a Real Product (Part 2)

Smart Prototyping: Turning your Idea into a Real Product (Part 2)

As I talked about in Part 1 of this series, there are many steps required to get a product ready for volume manufacturing. Just because you may have a functionally working prototype, it doesn’t mean your implementation can be manufactured effectively, or even at all. Don't be surprised if someone tells you it will take 6 to 12 months to get your functional prototype ready for mass production! In this article I will outline some valuable DFX principles that will help you reduce that time to get a product ready for production and reach your goal of a high First Pass Yields (FPY) greater than 97%.

A Startup or Not A Startup: That is the Question

A Startup or Not A Startup: That is the Question

I noticed the term “Startup” gets thrown around too loosely these days. It’s hip to be working for a startup company, especially in tech. Consequently, this use of the word has been overloaded to encapsulate as many companies as possible so they all can feel included in this “cool kids club". But what is a startup really? What defines it? And when is it time to move from being a startup to the adult table?