Veegus conducted a comprehensive teardown of a best-selling competitor’s smart device, comparing it with the client’s flagship product. The project aimed to identify competitive advantages, deficiencies, and cost-saving opportunities.
Features:
- Side-by-Side Component Analysis: Evaluated design strategies, material choices, and assembly methods of both products.
- Function Matrix Evaluation: Assessed the value of each function against consumer needs and production costs.
- Cross-Industry Insights: Applied cost-saving assembly techniques from the automotive industry to the client’s manufacturing process.
- Costing and Material Optimization: Identified high-cost components and proposed alternatives without compromising quality.
Usage/Application:
- Enabled the client to launch a new, competitive version of their product, saving 20% on production costs.
- Delivered actionable insights for R&D teams, driving innovation in future product lines.
