Product Teardown is a technical process of deconstructing a product to child part level and perform a technical analysis of each and every child part for its form and function.
Product Teardown studies help in understanding the constituent Bill of Materials of a product with key information on mechanical properties, material of construction, method of construction and suppliers of child parts. These studies, if done for our client's products and/or their competitor products help in unlocking value which may yield in product optimisation, resulting in improvement of net profit margin for our clients.
These studies are the basis of Value Analysis & Value Engineering tasks
Design to Value Approach
Peer Benchmark with Competition
Technical Insights received from Product Teardown & Should Cost Analysis when benchmarked against competitor products help in designing strategies to optimise our client's products. These strategies help our clients to:
- Emerge as best in class with the most optimised design, yielding highest profit margins for our clients.
- Get better value for their USP features
- Get rid of obsolete features
- Deliver the best product at the best price
We conduct "Cost Down Workshops" to help our clients understand the ideas we generate for Value Engineering & assist them in implementation of these ideas.