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June 25, 2015
Riverwood Solutions, a provider of operations consulting, has launched a new Product Realization Services division.
This group, according to a company press release, will help customers utilize a full spectrum of product industrialization services to bring products from product to fulfillment.
“There’s a major trend right now toward the development of new hardware products,” said Pat Meagher, executive vice president of Product Realization. “The problem is that most companies don’t know how to get from a concept to manufacturing, and as a result the vast majority of funded products are extremely late to market and cost far more than they should to produce. Companies often try to skip steps by not properly developing and piloting new hardware – the phase we call ‘the valley of death.’ That’s why we’re launching the new Product Realization Services group to navigate companies through this critical phase of the development cycle.”
For more information, visit Riverwood Solutions.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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