Introduction:

The maintenance process of a product is the road map of the sequence of events a product needs to go through from the idea to the execution and follow-up.

The maintenance process is the requirement for the new products and services introduced by the organization.

Re-planning is required for the follow-up of the whole process or with the change in the market conditions, technological advancement, and any other change that could affect the demand of the product, but to have an idea for the new product planning process is the most reliable pathway.

Product planning helps create the complete layout of the procedure to carry out the production. The premise of the factory, machinery requirement, the personal requirement are some factors directly or indirectly creating an impact on the product line.

Flexibility:

Flexibility plays a significant role in providing the best possible product to their customers.

Flexibility helps to cater to the audience for their satisfaction.

It helps the organization increase its market share to earn profits and future-proof its business.

Flexibility could be mainly of two types:

Presentation-Based Flexibility:

Presentation-Based flexibility is the process of shifting the production of goods from one product to another.

It can be helpful for the business to produce different products in small batches.

For Example, A bakery business catering to different products like cakes, biscuits, donuts, and related products needs certain flexibility.

Their bakery can get the demand for different products from different customers even within a day.

Function-Based Flexibility:

Function-Based flexibility states that an organization must know how to increase and decrease its volume of production as per the market condition.

It is not cost-effective to produce a higher volume of product, whose demand fluctuates with time. Organizations having these kinds of products need to have their resources flexible.

Connection with the customer:

Connection with the customers works as feedback of the product.

Customers are using this product, and having a say on the product reaching out to customers helps maintain a relationship with the customer, and it helps to improve the product where it is required.

Brand communication is the key to any successful corporate entity. It is unquestionably one of the best practices you can do right now to increase your sales. An exemplary brand image perpetually generates a better emotional connection with the audience.

Customer awareness is the first and foremost thing you should aim to get the maximum results. In addition to this, it is always advisable to have a website up and running about your business. Update your website content with the slightest of information happening with your business.

Continuation of Quality Levels:

An organization wants to put the best possible product in front of its customers.

They thrive at making a product not only better than their competitors but from what they have produced in the past.

While growing a business, it is fascinating to apply these new techniques and make your sales skyrocket.

Whereas getting stuck into that plateau is more of an overwhelming aspect. While some brands started to change their product, You should stick with consistency.

The first thing you need to do is to try to add some value to the lives of your customers. Create a product that can act as a value addition to your brand. If you have a furniture manufacturing business, you can provide free installation of the product.

After-sales phone calls may seem to be an irritating move on the customer’s behalf but can be super useful in knowing the customer feedback. You can identify and solve your customer’s problems as a business is not about selling a product but making your customer’s life easy with your product.

Technical Feasibility: 

The duties assigned to the employees have a structure to keep the workload managed.

The workload should resonate with the skill and efficiency levels of the employees.

As discussed, Man, Now it’s time to talk about the non-human aspect.

Managers should know the availability and requirements of the types of equipment required to have proper functioning at the workplace.

The organization should provide the required pieces of equipment to their employees.

Economic Feasibility:

Every organization is running because of the motive to earn profits. 

To attain their goal, they need to cut their expenses without going harsh on the quality of their product.

There are some costs which the manager can have a check on to reduce the extra cost. 

Some of the expenses an organization may incur are(Cost highly depends upon the nature of the organization. Below are some of the generic costs a business may incur): 

A) Raw Materials

B) Maintainance of Stocks

C) Remuneration to employees

D) Cost of equipment

E) Rent(if applicable)/Bills of the premise

All the expenses should be cost-effective at the level of production.

Behavioral Feasibility:

The nature of the duties reflects the perception employees have of themselves and others.

Challenges bring the best out of employees. It makes them more dedicated to the task.

Distribution of crucial responsibility to the workers works as the self-confidence. It motivates them to work hard on the designated job.

The manager should focus on the behavioral aspect of the employees as these behavioral traits of employees have a significant role in the effectiveness of the organization.