electronic manufacturers create the devices that shape lives
TRANSCRIPT
Electronic Manufacturers Create the Devices that Shape Lives
The latest gadgets and gizmos are readily accepted by many people, but very few people
wonder about how they originated. Electronic manufacturing services lead to innovations,
which help sustain the lives of many people. From iPads to microwaves, understanding the
process of developing electronic goods help many people understand how electronic
manufacturers shape our lives.
First Phase: Research and Development
After an idea is accepted as a project by executive management, research and development
begins the process of figuring out how everything will work. Often, after they have researched
the idea they create a simulation or a prototype that helps bring the concept to life. Once the
prototype is working (meets customer’s needs), production begins.
Second Phase: Production
Producing a product depends on a lot of factors. The electronic company must have the
resource available in order to carry out production. If they do not, many companies may
consider outsourcing, or they may terminate the project. When a company has everything in
place, quality, quantity, and labor costs are some of the key considerations they make when
they are considering production. They also consider whether the end product is the best
alternative for the problem they are attempting to resolve.
Third Phase: Getting It to Customers
Logistics is the process of getting products out to customers. Some factors that determine how
the product gets to customers include the product’s design, costs, and how fast the company
wants to get it to the market. There are many options electronic manufacturers use to introduce
their product to the market, including semi-trucks, planes, and their personal courier services.
After all of the phases customers are free to choose whether they want to purchase the product.
With so many options available, customers tend to weigh whether they are going to purchase a
product based on the price and the quality. If an electronic store can produce the right product
quicker than their competition, then they will be able to corner a larger market share, which in
turn will increase profits for the organization. The quicker they can push the process through,
the more money each electronic company can make.