2018 was full of challenges (old and new) for product developers bringing new products to market.
Agility is key in the midst of trade tensions
- 62% say tariffs have increased their material/component costs
- More teams are turning to local options for prototyping and production manufacturing
Bridging the production gap is still high risk
- 30% of respondents don’t stay on budget and 38% don’t stay on schedule
- 43% of companies don’t have adequate resources to manage manufacturing
Teams are running lean to make success happen
- 61% of respondents are doing work outside of their job responsibilities—But when it works, it’s the most satisfying job in the world
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