Generally launching a product by industry is not as quick as we assume but it has to be passed through all these steps as mentioned below.
Product Concept :
First of all, a product is decided that can be manufactured and further can be sold in the market.
Market research :
After the product decided then its time to market research, about the requirements and other similar products available in the market.
Product Design:
Once the product has been decided and market research has also completed then product design to be done.
Prototype and testing:
Once the design of the product completed then the prototype of the product are made Using RPT and another machine.
Tool Design :
Once the prototype of the product passes the required testing criteria the required Tool and Die for the product has to be designed.
Tool Manufacturing :
After completion of the Tool design Tool to be manufactured.
Product manufacturing:
As the Tool is available now so product manufacturing will be done.
Testing & Feedback:
Once the product has been manufactured then testing will be done for a few samples.
Based upon the quality criteria and feedback mass production initiated to sell it to customer.