Assignment#4 - Project Mission Statement

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North Carolina State University *

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216

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Industrial Engineering

Date

Jan 9, 2024

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docx

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2

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ISE 216 Product Development and Rapid Prototyping FALL 2023 Assigment#4 (TEAM): Project Mission Statement (S/UN) Due in Moodle by 5 PM on Monday, September 25 Only 1 member of the team should submit on the team’s behalf Describe your team’s efforts and outcomes during Lab#3 (Sep 16 / Sep 19). Your response should include: 1) description of the process used to screen the 2~4 shortlisted opportunities down to the one that you will pursue; 2) project mission statement that will guide the rest of your PD process; and 3) a table of your target customer types and segments. To screen down our four opportunities of an adjustable car visor, cooling backpack, sink/splash guard, and cutting board to one, we compiled a document containing solutions to our possible opportunities. This document consisted of 1 to 3 different existing solutions to our last 4 ideas. After we reviewed the document, we narrowed the four opportunities down to two opportunities based on what we thought had the most opportunity for improvement. The opportunities that “we thought had the most opportunity for improvement” were opportunities that had the fewest existing solutions, and opportunities that we could think of different improvements for. The sunvisor already had multiple alternatives and there was nothing that we could think of that could improve the original sun visor that the solutions we documented did not fix. The no-sweat backpack had many solutions, and there was nothing that we could think of adding to improve on them that would be feasible to complete with the resources we have in this course. With the final two options of sink splash guard and cutting board, we answered the Real-Win-Worth it (RWW) questions that we learned about in class. From those questions, we focused on questions regarding resources, costs, improvement, target market, and viability of the product to decide which was the best option. We discussed feasibility based on the range of the target audience; listing the different audiences these two products would be marketed towards. Then we discussed possible improvements, such as the fit/shape of the guard and the modularity of the cutting board. Lastly, we discussed the available resources that this course offered us. From these questions and the comparison of the answers, we decided that a cutting board would be the most feasible opportunity for us to move forward with.
Mission Statement: Easier to use cutting board Product Description Improve usability and modularity for easier use Benefit Proposition Easier to clean More cost efficient Better organization More scratch resistant Key Business Goals Launch for back-to-school Summer 2024 Lower pricing allows a competitive market Primary Market College students/first-time cutting board buyers Secondary Market People looking for a better cutting board newly-weds looking for new, shared kitchen supplies Assumptions and Constraints Dishwasher safe Lightweight Stakeholders New/existing customers Manufacturing operations Major retailers Customer Segment Matrix Product Customer Segment Cheaper Cutting Board Young Adults college students lower income Durable Cutting Board Adults Income Sustainability Easy to Clean Cutting Board Families Parents Dishwasher safe Smaller Cutting Board College students size options small/med/large living in dorms living in apartments living with parents how often do you move
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