PRODUCT

TECHNOLOGY
Materials
Design specification
Characteristics
Properties
Structure
presented by:
Jay Lloyd B.
Carnaje
MIT Student
2018-8060-G
 Overview of the topic:

Product Technology
Product Technology means the following information owned
by or to the extent licensed to a Seller:

 manufacturing technology
 proprietary or confidential information
 processes
 techniques
 protocols
 methods
 improvements
 Overview of the topic:

Product Technology
Product Technology means the following information owned
by or to the extent licensed to a Seller:

 specifications
 test methods
 raw material
 packaging
 stability and other applicable specifications
 manufacturing and packaging instructions
 master formula
 Overview of the topic:

Product Technology
Product Technology means the following information owned
by or to the extent licensed to a Seller:

 validation reports to the extent available

 stability data
 analytical methods
 records of complaints
 annual product reviews
 master documents necessary for the manufacture
 control and release of the products.
 Materials
products are purchased as raw materials and sold as finished goods. Commodities are
usually raw materials such as metals and agricultural products, but the term can also
refer to anything widely available in the open market. In project management,
products are the formal definition of the project deliverables that form the objectives
of the project.
 Goods, Services, or Ideas
Goods are a physical product capable of being delivered to a
purchaser and involve the transfer of ownership from seller to
customer.
 Goods, Services, or Ideas
A service is a non-material action resulting in a measurable change
of state for the purchaser caused by the provider.
 Goods, Services, or Ideas
Ideas (intellectual property) are any creation of the intellect that
has commercial value, but is sold or traded only as an idea, and not
as a resulting service or good. This includes copyrighted property
such as literary or artistic works, and ideational property, such as
patents, appellations of origin, business methods, and industrial
processes.
 Product Classification:
Tangible or Intangible
A product can be classified as tangible or intangible.

A tangible product is a physical object that can be perceived by

touch such as a building, vehicle, or gadget. Most goods are
tangible products. For example, a soccer ball is a tangible product.
 Product Classification:
Tangible or Intangible
Intangible product is a product that can only be perceived
indirectly such as an insurance policy. Intangible data products can
further be classified into virtual digital goods (“VDG”).

Services or ideas are intangible.

 Design
Specification
is a detailed document providing a list of points regarding a product or process. For
example, the design specification could include required dimensions, environmental
factors, ergonomic factors, aesthetic factors, maintenance that will be needed, etc. It
may also give specific examples of how the design should be executed, helping others
work properly.
 Design Specification
It is commonly specified by this 3 main focus:
1. Aesthetics
2. Cost
3. Function

The process of designing a new product (or updating the features of

an existing one) is usually completed by a group of people,
designers or field experts in the product they are creating, or
specialists for a specific component of the product.
 Characteristics

Product Characteristics are attributes that can be added to the product definition to
extend the description of each product.Examples of Characteristics are Size, Color,
Quality, Shape or Weight. These characteristics can be used later to filter or search
products.
 Characteristics of the Product
The characteristics of the product are the features and elements
that differentiate it from other products on the market. Product
characteristics help determine the marketing mix, potential target
market and the pricing of a product.
A product needs to differentiate itself in the market and carry
distinct characteristics that separate it from its competitors.
Otherwise, there would be no reason for consumers to purchase
that product over any other product on the market.
 Properties
Product properties track individual attributes for a product, especially if the attributes
only apply to one specific product. Typically, product properties would be used for
technical specifications or additional production information.
 Structure
a product-based structure is where activities are grouped according to product or
service, and formal COORDINATION of management functions occurs separately for
each.
 Structure of the Product
Although this structure duplicates management functions,
potentially losing some economies of scale, it enables their
activities to be tailored to the requirements of a particular product
and its market. It is, therefore, said to be an appropriate structure
for a diversified organization.
 Structure of the Product
Product structure is a hierarchical decomposition of a product,
typically known as the bill of materials (BOM). As business
becomes more responsive to unique consumer tastes and derivative
products grow to meet the unique configurations, BOM
management can become unmanageable.
 Structure of the Product
For manufacturers, a bill of materials (BOM) is a critical product
information record that lists the raw materials, assemblies,
components, parts and the quantities of each needed to
manufacture a product.
 Structure of the Product
Advanced modeling techniques are necessary to cope with
configurable products where changing a small part of a product can
have multiple impacts on other product structure models. Concepts
within this entry are in capital letters in order to indicate these
concepts.
THANK
YOU.
Thank you kindly for your attention and
interest.