Gain More Value with Offshore Engineering Solutions Product lifecycle refers to the different processes involved in the development of a product i.e., from conception, design, and manufacture to service and disposal. It was in 1950 that the theory of product life cycle was first introduced. Carole Hedden in Marketing Tools observed that the product life cycle can be split into four separate stages such as introduction, growth, maturity and decline. In each stage, the objective is to increase the value of the product as well as its profitability. Today the global business environment is highly competitive and the market extremely volatile. In such a scenario, every business enterprise must perform more than their potential to tide over the current unfavorable conditions. Only those companies that have a competitive edge over other companies can not only withstand the pressure of time but also turn the odds into their favor. They need to abide by the market rules in order to stay in the market and attain unmatched success. The following is the secret formula for achieving long lasting success. For any company or enterprise the secret formula to be a global force is to
build and deliver quality products economically Minimize development costs Reduce lead times Maximize resources
However, when companies are on the path of growth and expansion, it is normal for their attention and focus to get diverted on those core activities that can guarantee their progression to the next level. In such circumstances, it is highly necessary for these companies to partner with those engineering enterprises that can provide faster and cheaper ESO solutions. There are several eminent solution providers that can meet all the ESO needs of the companies or organizations such as concept design, detailing and analysis, product realization solutions in aerospace, civil structures, power generation, industrial products, oil & gas and transportation. The following is a list of some of the important advantages of partnering with eminent ESO solution providers.
Gain significant market share with competitive ESO strategies The Global Product Development framework and on-site/off-shore/on-shore models help to leverage local presence and global reach to support globalization initiatives Gain more value with better and faster offshore engineering services Benefit from a systematic approach, managing resources at cheaper costs, and enhanced profitability Faster time to market Customized, end-to-end solutions Best-in-class manufacturing processes Integrated engineering and manufacturing capabilities Technically competent teams State-of-the-art technologies
Better, faster and more value-optimized solutions in engineering product design and development are what you get by partnering with eminent market players in offshore engineering solutions. Click here for more on engineering services & aero structures
Published on Jan 1, 2012
It was in 1950 that the theory of product life cycle was first introduced. Carole Hedden in Marketing Tools observed that the product life c...