INNOVATIVE PRODUCT DESIGN (SELF DISSOLVING COFFEE TABLET)
INNOVATIVE PRODUCT DESIGN
(SELF DISSOLVING COFFEE TABLET)
Submitted to:
Prof. Tristan Macapanpan
Submitted by:
Bucsit, Catherine C.
Mercaldo, Monina M.
Ronquillo, Raymond Jan L.
Saguid, Maria Rosarion
24 February 2014
- INTRODUCTION
The essence of a business corporation is the products and services it offers, and every aspect of the organization and its supply chain are structured around those products and services. Organizations that have well designed products or services are more likely to realize their goals than those with poorly designed products or services. Hence, organizations have a strategic interest in product and service design. Product or service design should be closely tied to an organization’s strategy. It is a major factor in cost, quality, time-to-market, customer satisfaction, and competitive advantage. The introduction of new products or services, or changes to product or services design can have impacts throughout the organization as well as the entire supply chain.(Stevenson, 2010)
Product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received in exchange for money or some other unit of value. (Richea, 2012)
Product design is the process of creating a new product to be sold by a business to its customers. A very broad concept, it is essentially the efficient and effective generation and development of ideas through a process that leads to new products. It is a systematic decision making related to all aspects of the development and management of the products.
In a systematic approach, product designers conceptualize andevaluate ideas, turning them into tangible inventions and products. The product designer’s role is to combine art, science, and technology to create new products that other people can use. In the design process, ideas, consumer needs and wants are transformed into a product that will satisfy these needs.
Product development are created as a result of an idea or perceived gap in the current world. It usually arises from a need or want that can’t be immediately filled and leads to the question “Why don’t I create and sell that product?” The market doesn’t have a product that exists that will satisfy those needs.
In order for a new product idea to succeed, it must be or have:
– Desirable attributes for their target market
– Be unique
– If the new product isn’t, it is doomed to fail