Back in 2014 we reported that that only 6% of the engineering workforce were females.
In celebration of the recent International Women in Engineering Day on the 23rd June 2021, it seems the perfect time to revisit the topic to review the current landscape.
With 75% of of the cost of a product being locked-in by the designers it is critical that the design (and specifically the concept) is as right as it can be from the off. Why then is Cost Reduction even a thing then if we make every effort to get the design right?
Entrepreneurs need to have a good handle on both development & production costs up-front to build a robust business case. But how is it possible to get production costs at the very beginning of development before the product has been designed?