Bringing successful products to market requires the coordination of multiple resources. Timelines, budgets, personnel, tooling, part assembly, shipping, marketing and other factors all need to be considered.

Financial
Advanta provides tools that augment, existing financial planning documents. With these tools, clients get a much better sense of all of the costs involved in product development and what resources should be allotted for their R&D efforts.

Results from analyzing the potential profit margin provide guidance for the development process, specifically around tooling budgets and acceptable part costing.

Timelines
Master schedules for the product development are a vital tool that Advanta uses to ensure resources are coordinated to meet objectives and deadlines. Effort can be linked to other schedules, or integrated into the client’s master timeline.

Competition
Competitive forces need to be assessed both from a brand and financial perspective. A solid understanding of the competitive landscape helps to identify opportunities to exploit and features to include in your own product. Advanta provides tools to track and sort this information.