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How one can Estimate the Manufacturing Cost for a Brand New Electronic…

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작성자 Sherry Tilley
댓글 0건 조회 2회 작성일 25-10-03 21:59

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Today I’m offering a step-by-step information for estimating the manufacturing cost for a hypothetical tracking device that incorporates Bluetooth Low Energy (BLE), GPS, an accelerometer, and a USB rechargeable lithium battery. When you've gotten a new product that you just wish to develop, the first thing you need to do is look at the large picture before you get bogged down in the details. You don’t want to leap right into absolutely growing a production prototype. Product growth is costly, time-consuming, and dangerous so there are some upfront steps you want to take first. Instead, first concentrate on what I name a preliminary manufacturing design (or iTagPro key finder generally just known as a preliminary product design). The key is that it focuses on a manufacturable model of your product, and not simply on a Proof-of-Concept (POC) prototype. Considered one of a very powerful causes for making a preliminary design is it means that you can accurately estimate the manufacturing price for the product earlier than you spend the money to fully develop it.



A preliminary manufacturing design focuses on answering among the important questions that you simply might want to know as quickly as attainable. How difficult is it going to be to develop your product? Is it feasible to manufacture your product? What is the price to develop your product? What is the associated fee to scale from a prototype to volume manufacturing? How a lot will it price per unit to manufacture your product? Ultimately, certainly one of a very powerful questions you wish to answer is how much will it price to manufacture your product. The manufacturing price goes to determine how a lot revenue you'll make and the way a lot you possibly can promote it for. Manufacturing price is something you must know as early as doable. Unfortunately, many entrepreneurs make the mistake of first absolutely designing their product for manufacturing. In any case that’s achieved, they go back and begin figuring out how much it’s going to value to manufacture. That’s not the best way experienced tech firms do it.



They reply all the massive questions before they begin sinking resources into absolutely creating the product. There is no such thing as a point in spending all of the time to attempt to develop a brand new product if it isn’t possible to manufacture, or costs an excessive amount of to manufacture. A preliminary production design gives you all of the information needed to precisely estimate the manufacturing value for a brand smart key finder new product earlier than the product has been absolutely developed. It additionally provides you early insight into the manufacturing feasibility of your product. By starting with a preliminary manufacturing design it means that you can extra accurately estimate your entire costs, create a more accurate timeline of milestones, and be able to raised determine the manufacturing feasibility of the product. Ultimately, it means that you can develop a better product that's more likely to achieve success. The first step in creating a preliminary manufacturing design is to design the system level block diagram. Our hypothetical product consists of four major features: iTagPro technology Bluetooth Low-Energy microcontroller, GPS, an accelerometer, and energy management.



habits-tracker-printable-template-vector-blank-white-notebook-page-a4.jpg?s=612x612&w=0&k=20&c=jzxP3_J70wqLH17VxUNtwTMIOCfNOQ8V6tDuvjitE7o=Figure 1 - System block diagram for a hypothetical BLE GPS tracking device. The core of the product can be a Bluetooth Low Energy microcontroller. This consists of both the Bluetooth Low Energy radio and the microcontroller working your firmware code. Those two features are embedded on a single chip known as a System-on-a-Chip (SoC). However, I all the time advocate that you simply start off using a pre-certified module solution, as an alternative of a chip-based mostly solution, for any wireless functionality, like Bluetooth Low Energy. This module will nonetheless be based mostly on a BLE SoC but it can even embody the antenna. There are two the reason why you must begin with a module. First, using a module drastically reduces your FCC certification value. That can prevent about $10,000 to certify your product. The second motive is that modules will simplify the design course of. Wireless functionality tends to be hard to design properly. In actual fact, very possible, it would require several iterations to get issues good.



Using a module reduces your time to market which is at all times important. Even massive tech companies start off utilizing a module so they can get their product to market sooner. In case you scale as much as producing 100,000 models or iTagPro support extra, then it could also be a superb time to modify to a custom chip design to maximize your profit margin. The other large piece involved with this product is GPS (Global Positioning System) which communicates with the BLE microcontroller through a UART serial interface. As with BLE, we’re going to also use a module answer for GPS. The first reason for utilizing a GPS module is a bit totally different, nonetheless. GPS is a obtain-only iTagPro technology. You’re not deliberately transmitting radio waves outdoors of your product. That is in contrast to Bluetooth Low Energy, the place you're clearly receiving and ItagPro transmitting data. The FCC is primarily interested in the electromagnetic vitality a product radiates (transmits), not what a product receives.

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