Agenda and Registration
Date: February 11th, 2019Time: 10:00AM-12:00PM
201: Manufacturing Your Product – Preparing to Scale Your Operations
10:00am-10:15am - Developing a Manufacturing Readiness Plan
10:15am-10:30am - Calculating Your Cost of Goods Sold
10:30am-10:45am - Developing an Intelligent Production Cost Estimate based on Volume Scale
10:45am-11:00pm - Break for Question and Answer Period
11:00am-11:20pm - Make vs. Buy: Trade Offs of In-House vs. Outsource Production Strategy
11:20pm-11:45pm - Supplier Partnerships: How to Identify, Select and Negotiate
11:45pm-12:00pm - Question and Answer Period
Designing Your Product for X
This module helps prioritize your product design utilizing case studies and a workshop exercise. Each participant will identify, evaluate and prioritize designing their product for customer use, market acceptance, manufacturability, assembly, durability, reliability, installation, maintenance, logistics.
Developing a Strategic Bill of Materials (BOM)
The module provides the foundation for helping structure an intelligent bill of materials that not only lists all the parts and materials needed to create your product but also supports an accurate determination of your cost of goods sold, cash flow requirements, parts numbering, parts revisions/variations, lead-time estimates, quality tracing, quote timing, etc. Each participant will construct the foundation for their intelligent bill of materials during the workshop and can use it going forward as a product development planning tool.
Developing a Strategic Bill of Process (BOP)
The module provides a unique methodology for developing an intelligent bill of process, a step by step production map for assembling your product including the parts, tools, machines and operations needed to assemble a given product design. This includes a workshop exercise where each participant will map their production process and can use it going forward as a product development planning tool.
Leaning Your Product Design
The module provides a unique methodology for taking a critical assessment of your product design in an effort to reduce complexity and drive out cost. Each participant is guided through a “Parts Value Challenge” exercise that challenges your product design to minimize the number of parts, minimize the number of process steps, design out parts that commonly fail, and target multi-touch operations for process step reductions.
Moving from Proof of Concept to Alpha/Beat Prototypes to Production
The module addresses key questions to consider when designing and testing your next generation prototype or product launch. The session will provide insight on the most common mistakes to avoid, and how to avoid the development of several prototype modifications.
Next Generation Product Design Planning
The module provides a Manufacturing Risk Assessment to support your next generation prototype or product launch. Participants will engage in a Design for Failure Mode and Effects Analysis (DFMEA) exercise that helps determine potential failures in their design, determine the potential for occurrence, severity and detection, and through a unique scoring system determine the potential failures to prioritize for attention in their product development and test plan.
Developing a Manufacturing Readiness Plan
The module provides the foundation for helping structure a Manufacturing Readiness Plan to assess the maturity of your current production process and lay the groundwork for an action plan to improve manufacturing readiness and production process scaling. Each participant will self-assess their current position and determine a stage of development for future planning.
Calculating Your Cost of Goods Sold
This module helps calculate your Cost of Goods Sold (COGS) as well as what influences it. The session provides the basics of fixed and variable costs and how they change with volume. This session includes a workshop exercise where each participant can begin to make high level calculations on fixed vs. variable cost and COGS which can be used going forward as a product development planning tool.
Developing an Intelligent Production Cost Estimate based on Volume Scale
The module provides a unique methodology for developing an intelligent production cost estimate based on current volume, inventory, capital equipment, tooling, work flow, labor requirements, and tak time.
This includes a workshop exercise where each participant will map their production work flow process to estimate current volume as well determine adjustments required as you move to higher volume.
Make vs. Buy: Trade Offs of In-House vs. Outsource Production Strategy
The module offers an objective view on make (in-house) vs. buy (outsource) approach to support your manufacturing strategy. The session provides impact these decisions have on cost structures, quality control, customer and capital risks.
Supplier Partnerships: How to Identify, Select and Negotiate
The module addresses how to choose and approach a supplier (contract manufacturer), handling intellectual property (IP) with suppliers, negotiating contracts with a potential partner. The session includes an exercise to assess supply chain risk.