How To Develop A Super Low-Cost Product

People are always getting attracted by super low-priced products in stores like IKEA, Costco, Walmart, and even in some corner stores. Buyers are shopping around the world to get products built at super low cost. To most businesses, a super low price tag is one important ingredient to a killer product in the marketplace. What is the secret to creating a product with a super low price tag?

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How To Accelerate The Validation Process Of A “Killer Product Recipe”

E-BI Rapid Prototype Manufacturing

A “killer product” represents a fine-tuned solution, or a “recipe”, that better addresses a specific market need. We call it a recipe because it has to consist of the “right proportion” of all “ingredients”, such as a product’s form factors, functions, costs, and services that solve the itching needs of clients. Any out-of-proportion design will lead to product failure. Thus, the “recipe” development has become the key to success. To fine-tune the recipe, prototyping is the fastest and easiest way to start. At a minimal cost, a high-quality prototype can validate the new “recipe” from a multidimensional angle. E-BI can help to get prototypes made with global sourcing.

 

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How to Better Control Your Supply Chain in an Age of Surging Disruptions

Rapid Allocation of Backup Resources

By now many supply chain managers are sleepless, dealing with problems such as shipping delays, cost increases across the board, a shortage of materials, Covid-19 shutdowns, factories closing permanently, lingering trade wars, and the list goes on. The newest disruptions involve the shortage of energy such as electricity and natural gas. These affect all industries and even the average person’s daily life.

 

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