Abstract
A method has been developed that enables a systematic approach to searching for opportunities to design new products by taking account of the relevant business environments. The process of searching for opportunities involves the already recognized social, economic, technological and legislative factors (SETL) through which outside influences are measured, and the use of the SETL factors makes it even more systematic. The industrial application of this method as described below has resulted in an innovative product that has already increased existing productivity by a factor of 3, as well as knowledge transfer. The new product has also expanded a developing product family in the company’s existing product portfolio.
Highlights
There is no product development without proper knowledge of technical processes, as products are those that lead to individual transformations in the course of technical processes
A technical process is a set of transformations that change an unsatisfactory situation into a satisfactory one [1] and [2]
The paper describes one application of the opportunity search method to find new products in the early phase of product development that would assist in the implementation of various technical processes in construction
Summary
There is no product development without proper knowledge of technical processes, as products are those that lead to individual transformations in the course of technical processes. The paper describes one application of the opportunity search method to find new products in the early phase (i.e. at the fuzzy front end) of product development that would assist in the implementation of various technical processes in construction. It was done by a mixed industrial-academic team consisting of the representatives of a Slovene metal processing company and the LECAD Laboratory (Faculty of Mechanical Engineering, University of Ljubljana). The authors have already presented the applicability of this method for various branches of industry [10] and [11]
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