RE: Boom15 Nov 2023 07:46
17th OCT awaiting final validation though starting to talk contract terms.
15th NOV contract fulfilled!
Always more questions than answers.
They talk of demand building gradually but give little indication if this is initial one off or an ongoing order?
Could it be the final piece in validation process at this stage..pointing at the Vision Pro?
Production Validation Test (PVT)
The production validation test (PVT) is the final phase before mass production starts. Hard tooling is fixed, meaning that no more changes to either the product design or production molds can be made. Jigs, fixtures, and test benches must be in place and validated for the production pilot (PP) to commence. Efforts made in this stage are directed towards optimizing and stabilizing the production and assembly lines in terms of line speed, operator expertise, scrap rate, and daily yield.
Potential risks like single-source supplies—when a component is restricted to be made by a single selected CM—will be identified through risk management protocols such as FMECA, QA/QC, and FAI. Electronics undergo their first boot as well as a firmware inspection, and the product packaging plus user manuals will be created in this stage as well. Most of the work in this stage will be executed on the side of the contract manufacturer.
A typical outcome of the PVT stage is 500+ units or at least 5% of the first production run quantity. The objectives are to verify mass production yields at mass production speeds and to create sellable products. This is where many companies will create a sales plan and start their operation with the early buyers. The PVT build is the last chance for a company to tweak the production process. It is sometimes stage-gated in terms of a red, orange, and green state, based on success according to key production metrics. When the green light flashes on, true mass production can start.
Sign In
Follow the stocks
