When it comes to new product development, nothing gets the fingers pointing faster than spiraling costs. But the buck really stops with the design engineer.
'Design engineers influence anywhere from 70-80 percent of a product's total cost,' says Nick Dewhurst, a design-for-manufacturability expert and executive vice president of Boothroyd Dewhurst, a software and consulting firm that specializes in making designs more cost-efficient. Put differently, engineers may not have to pay the light bill at the factory, but their choices partly determine how long those lights stay on every day.
In this special report, we show you how to avoid hidden costs in the following areas:
Casting a Big Shadow: Design engineering overhead may be small, but design engineers exert a huge influence on cost. Design for manufacturability experts at Boothroyd Dewhurst estimate that design engineers make decisions that ultimately influence about 70 percent of the total cost.
Some cars are more reliable than others, but even the vehicles at the bottom of this year’s Consumer Reports reliability survey are vastly better than those of 20 years ago in the key areas of powertrain and hardware, experts said this week.
Many of the materials in this slideshow are resins or elastomers, plus reinforced materials, styrenics, and PLA masterbatches. Applications range from automotive and aerospace to industrial, consumer electronics and wearables, consumer goods, medical and healthcare, as well as sporting goods, and materials for protecting food and beverages.
While many larger companies are still reluctant to rely on wireless networks to transmit important information in industrial settings, there is an increasing acceptance rate of the newer, more robust wireless options that are now available.
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