Duration
PRODUCT DEVELOPMENT TRAINING WORKSHOP
2 days
OVERVIEW
Product development is at the core of every fashion brand. From concept development through to pre-production, success in fashion product development comes from a strong working knowledge of all aspects of the process. This certificate will prepare fashion professionals and those seeking a career in product development for today’s fashion industry. Fashion development today relies on new technologies as well as advanced methods of process control and resource management to optimize development resources, reducing the product development time cycle to meet the demand of modern retailers.
Product Development uses a structured yet flexible approach to provide a holistic, solid foundation to the successful development of complex products or systems.
This course will take you step by step through the product life cycle, from conception to design, development, production, deployment, sustainment and disposal. You will learn how the different components of a system interrelate, and how each contributes product accomplishing its missions. This course welcomes anyone who wants to find out how complex products or systems can be developed and implemented successfully. It is relevant to anyone in project management, engineering, quality assurance, product support, operations, management, maintenance, and many other areas. No specific background is required, and we welcome learners with all levels of interest and experience.
BENEFITS
- Understanding of complete product development process
- Understand how to build products with sustainable competitive advantage
- Learn to prioritize new product ideas based on business strategic alignment, return on investments and ability to execute.
- Deliver new product developments on time and how to manage a team (or virtual team) of project resources and multiple business units stakeholders
- Learn how to conduct a detailed project financial analysis, how to develop value and market-based product pricing and how to develop product cost models and product forecasts
COURSE OUTLINE
DAY 1Module 1 – Overview of Product Development
- Product Lifecycle Development
- PLM (Product Lifecycle Management)
- Sustainability Focus in Concept Development
- Developing Product in a Global Environment
- Concept Development Resources
Module 2 – Cost Development and Sourcing Control
- Cost Management across Diverse Resources
- Optimizing Resource Costing
- Cash Flow Projection for New and Existing Businesses
- Identifying Competitive Resources and Evaluation
Module 3 – Product Construction and Quality Assurance
- Specification Development and Communication
- Standards across Production and Quality Assurance
- Quality Assurance (Micro and Macro)
Module 4 – Managing Remote Product Development Teams
- The “Morning Meeting” (Communication)
- Progress Tracking and Coordination
- Managing Timelines and Schedules
Module 5 – Sustainable Source Evaluation
- Production Facility Evaluation
- Key Sustainable Evaluation Elements (Checklist) Analysis
- Matching Resource Sustainability to Retailer Requirements
- Sustainable Resource Communication to Consumers
Module 6 – Process Improvement
- Post-Sale Analysis and Evaluation
- Analysis of Consumer Profile vs Actual Sales Performance
- Translating Post-Consumer response into Development Parameters
- Identification of New Consumer Opportunities
- Designing for the Consumer Vs Designing for the Designer
Module 7 – Fashion Market Focus and Line Planning
- Identifying Demographic Characteristics of Primary and Secondary Customers
- Product Profile and Consumer Targeting
- Rollout Management
- Merchandising for Omni-Channel Distribution
NOTEActivities on case study, brainstorming, high team interaction and role-plays will be incorporated during training session with all participants to further facilitate and strengthen candidates understanding on Product Development concepts and methodology in an overall manner.
Programme scope, delivery arrangements and suitability are confirmed during enquiry.