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How do you take an idea and turn it into a tangible, market-ready physical product? Unlike software development, physical product engineering requires a rigorous approach to constraints, compliance, and user needs. In this episode of the Expert Talk Series, R&D experts Nandkumar Gurav and Anant Karegaonkar break down the lifecycle of physical product innovation. They discuss the widely used Stage-Gate process, the importance of early Proof of Concept (POC), and how to navigate industrial regulations like ASME and IBR. Whether you are a design engineer, a product manager, or interested in R&D methodologies, this conversation provides a roadmap for efficient and compliant product development. Key Topics Covered: 1. Difference between Software vs. Physical Product Development 2. The Stage-Gate Process and Design for Six Sigma (DFSS) 3. The critical role of "Need Finding" and Specifications 4. Prototyping strategies for early feedback 5. Navigating Regulatory Compliances (ASME, IBR) 👥 Speakers: Nandkumar Gurav – Principal Engineer, R&D Anant Karegaonkar – Technical Specialist, R&D ⏱️ Timestamps 00:00 – Software vs. Physical Product Development: Setting the context 00:27 – Methodologies: Stage-Gate, Agile, and DFSS (Design for Six Sigma) 00:51 – Phase 1: The Art of Need Finding & Identifying User Requirements 01:34 – Phase 2: Ideation, Specifications, and Managing Constraints (Cost & Form Factor) 02:14 – Phase 3: Building the Prototype & Getting Early Feedback (POC) 02:57 – Phase 4: Aesthetics and Industrial Compliances (ASME, IBR, Pressure Vessels) 03:29 – Phase 5: Product Launch and Post-Launch Support 03:53 – The Engineer's Mindset: Designing with boundary conditions in mind #productdevelopment #engineeringdesign #innovation #StageGate #experttalk #productlifecycle 📌 Don’t forget to like, share, and subscribe for more such industry insights! Copyright © 2025. Forbes Marshall Private Limited. All Rights Reserved. Disclaimer: The video is intended solely for educational and informational purposes. While we endeavor to provide accurate information, we cannot guarantee its accuracy or completeness, and we disclaim responsibility for any errors or actions taken based on this content. For comprehensive knowledge regarding steam properties, engineering, or related fields, it is advisable to consult qualified professionals at Forbes Marshall (or "the Company"). The views and opinions expressed in this video are solely those of the presenter and do not represent the views of the Company. Furthermore, we make no warranties or endorsements regarding the quality, content, or availability of third-party materials or websites mentioned or linked in this video. It is essential to exercise caution and your own due diligence when using such materials or websites. If you have any or questions regarding the content, please feel free to contact us through the provided channel. Thank you for being a part of our educational community. Stay Connected: Instagram / forbesmarshallglobal Facebook / forbesmarshall LinkedIn / forbesmarshall Website FM Website: https://www.forbesmarshall.com/India