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5 Practical Ways to Reduce BOM Costs : Ideas for engineering and business leaders to profitable products

Reducing the BOM (Bill of Materials) cost of electronic hardware products involves two key components: procurement optimization and design optimization. While procurement optimization focuses on finding the best suppliers and negotiating prices, design optimization involves making strategic choices during the product development phase. In this post, we'll be delving into the world of design optimization and exploring the various strategies you can use to cut...

8 Mindset Traps: Overcoming them as a Technology Leaders save you from costly design iterations

Technical

While a first-time-right design may be the ultimate goal for any product development team, achieving it is often challenging and may not always be possible. However, there are certain mindsets that can prevent a first-time-right design from being achieved. By recognizing the importance of thorough design, clear communication...

Top 7 Machine Vision Trends

Technology Trends

Machine vision systems are in significant requirements for manufacturing, planning, and precise quality control. The machine vision system worldwide is predicted to mature from $7.91 billion in 2017 to $12.29 billion by 2023. It is even forecasted...

How to select the right outsourced product engineering partner?

Product Management

Outsourcing has been an integral part of the global economy for decades. To be successful today, the trick for organizations is to comprehensively choose their outsourcing partner and produce the most advantageous value from the outsourcing arrangement. Coming to engineering solutions, selecting the right product engineering partner for Product Engineering Services is close to getting your project 50% complete! The risks involved if you pick a wrong...

Are product features, specifications and requirements same?

Product Management

Product Innovations are now becoming part of routine for product companies whether it is a consumer product, industrial product, medical product or ...

How to estimate battery capacity?

Technical

More and more hardware designs are powered from battery with the rise of portable devices, hand held devices, IoT devices and wearable devices. As the battery selection directly affects back-up time and form factor of these devices, it is very important to find out right battery for these devices in the beginning of design process. This article illustrates the procedure on how to estimate required...

8 Mindset Traps: Overcoming them as a Technology Leaders save you from costly design iterations

How to select the right outsourced product engineering partner?

Top 7 Machine Vision Trends

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5 Practical Ways to Reduce BOM Costs : Ideas for engineering and business leaders to profitable products

8 Mindset Traps: Overcoming them as a Technology Leaders save you from costly design iterations

Top 7 Machine Vision Trends

How to select the right outsourced product engineering partner?

Are product features, specifications and requirements same?

How to estimate battery capacity?

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