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Product Management Articles
Maziar Adl
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Recent Posts
Digital twin data - How digital twins affect product planners
The hallmark of a good company is that it’s sensitive to the ways in which users want them to improve their products. The benchmark for sensitivity, however, has changed dramatically over the past few years. Product lifecycles are much shorter—across manufacturing industries, companies now derive more than half their revenue from products less than three years old. In other words, product planners need to begin adopting an Agile mindset iterating the new and improved version of their product almost as soon as the Mark One version hits the shelves.
Are You Capitalizing on Your Digital Transformation Investment?
Most hard goods manufacturers are embracing the digital transformation by focusing on their factory floor operations. They are spending millions and, on occasion, billions of dollars on upgrading equipment and streamlining processes. Often though, very little attention is given to the front-end of manufacturing. Why do manufacturers fail to extend their digital transformation to the early product definition, planning, and design stage?
A New Way to Analyze and Visualize Your Product Definition
Within the manufacturing world, product planning teams are chartered to define new products to meet customer and market needs. These products are often made up of countless individual feature sets, packages, and options, adding to the complexity of products. There is a strong need for decision analytics to help inform decisions, reduce complexity, and increase speed to market.
Top 3 Pain Points Affecting Manufacturers & Product Planners
One of the biggest challenges product planners and manufacturers face is hitting the production schedule. You have to be careful that you don’t rush product launch and end up with a misaligned product, or miss fulfilling customer needs or market opportunities. The goal is to optimize around production and equipment efficiencies. And although changes are inevitable during production, having the tools to quickly react and resolve them is critical.
5 Tips To Better Align New Products To Customers
Product Planners have to be obsessed with the development of their products.
What do consumers really need? What features are essential? What will resonate with the market?
It can be a little too easy to aggressively pursue product development in a way that drives a misalignment between expectation and reality in the customer's experience. Of course, product planners want to create the perfect product, but even an ideal model can produce a negative customer experience if you don’t plan ahead.
Manage Product Complexity and Increase Speed to Market
Introducing our powerful software that introduces new methods and simplified modeling for decision-makers and managers of configurable products to strategically analyze product features.