When businesses are getting ready to launch a new product, we often see them overrun their headlights on the amount of money spent purchasing materials. By overrunning their headlights, I’m referring to the fact that people will focus on the unit price alone, and ignore the total amount of money required to purchase all of [...]
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In product design, mistakes are costly, and the longer it takes to discover a problem, the more costly it becomes. I came across an article written by Dr. David M. Anderson about Design for Manufacturability where he talks about “The Rule of 10“. He claims that it costs 10 times more to find and repair a defect [...]
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