How one can Estimate the Manufacturing Cost for a Brand New Electronic Product (Case Study: Bluetooth Device)

Today I’m providing 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 have got a brand new product that you just wish to develop, the very first thing you need to do is take a look at the large picture earlier than you get bogged down in the small print. You don’t need to leap right into totally developing a manufacturing prototype. Product development is expensive, time-consuming, iTagPro website and iTagPro website dangerous so there are some upfront steps it’s good to take first. Instead, wireless item locator first deal with what I call a preliminary manufacturing design (or generally just known as a preliminary product design). The hot button is that it focuses on a manufacturable version of your product, iTagPro shop and not just on a Proof-of-Concept (POC) prototype. One in every of a very powerful reasons for making a preliminary design is it lets you accurately estimate the manufacturing value for the product earlier than you spend the money to fully develop it.

A preliminary manufacturing design focuses on answering a few of the important questions that you just might want to know as soon as possible. How difficult is it going to be to develop your product? Is it feasible to manufacture your product? What is the cost to develop your product? What is the cost to scale from a prototype to quantity manufacturing? How a lot will it value per unit to manufacture your product? Ultimately, one in every of crucial questions you wish to answer is how a lot will it value to manufacture your product. The manufacturing value goes to find out how a lot revenue you’ll make and the way much you’ll be able to sell it for. Manufacturing price is something you want to know as early as attainable. Unfortunately, many entrepreneurs make the error of first fully designing their product for iTagPro technology manufacturing. In any case that’s finished, they go back and begin figuring out how much it’s going to value to manufacture. That’s not the best way skilled tech firms do it.

They answer all the big questions earlier than they start sinking sources into absolutely developing the product. There is no such thing as a level in spending all of the time to try to develop a brand new product if it isn’t possible to manufacture, or costs an excessive amount of to manufacture. A preliminary manufacturing design gives you all of the knowledge wanted to accurately estimate the manufacturing cost for a brand new product before the product has been absolutely developed. It additionally provides you early perception into the manufacturing feasibility of your product. By beginning with a preliminary manufacturing design it means that you can more precisely estimate your whole costs, create a extra accurate timeline of milestones, and be ready to raised determine the manufacturing feasibility of the product. Ultimately, it lets you develop a greater product that is extra possible to achieve success. Step one in developing a preliminary manufacturing design is to design the system stage block diagram. Our hypothetical product includes four major functions: Bluetooth Low-Energy microcontroller, GPS, an accelerometer, and power management.

Figure 1 – System block diagram for a hypothetical BLE GPS tracking device. The core of the product will be a Bluetooth Low Energy microcontroller. This contains 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 at all times suggest that you just begin off utilizing a pre-certified module resolution, as an alternative of a chip-based solution, for any wireless performance, like Bluetooth Low Energy. This module will nonetheless be based mostly on a BLE SoC but it surely can even include the antenna. There are two reasons why you need to start with a module. First, using a module drastically reduces your FCC certification cost. That may save you about $10,000 to certify your product. The second motive is that modules will simplify the design course of. Wireless performance tends to be hard to design properly. The truth is, very doubtless, it would require several iterations to get things just right.

Using a module reduces your time to market which is all the time important. Even huge tech firms start off using a module to allow them to get their product to market quicker. If you happen to scale up to producing 100,000 models or extra, then it could also be an excellent time to modify to a customized chip design to maximise your profit margin. The opposite huge piece concerned with this product is GPS (Global Positioning System) which communicates with the BLE microcontroller via a UART serial interface. As with BLE, we’re going to additionally use a module solution for GPS. The primary cause for utilizing a GPS module is a bit totally different, however. GPS is a receive-solely technology. You’re not deliberately transmitting radio waves outside of your product. This is in distinction to Bluetooth Low Energy, where you are obviously receiving and transmitting information. The FCC is primarily interested within the electromagnetic energy a product radiates (transmits), not what a product receives.

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Cet article a été écrit par carolblakeley