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Early-stage involvement in the planning and execution of a new product development program is an exciting opportunity for an injection mold builder. The successful completion of an NPD program elevates the brand of the shop in the eyes of the sponsoring OEM brand owner. It will likely lead to more work and a stronger business relationship with the customer. It also puts a significantly higher demand on the shop's engineering, design and project management resource capabilities. While every new project is unique, to various degrees, there are best practices to recognize and follow. From understanding the values and limitations of prototyping options to design data control to final production validation and launch.

Here, Bill Mentzer of Dynamic Tool Corp. of Menomonee Falls, Wisconsin, is focused on identifying some of the key stages of part and product development and the impact the moldmaker can have on progressing the project by sharing three ways a mold builder can streamline a new product development project.

For the full quick chat, watch above, and for more MMT Chats, click here.

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