R&D process

This image presents the R&D Process (Research and Development Process) in a circular, layered diagram, and starting from the top and moving clockwise, the stages include market research for gathering insights on market needs, analytical data analysis to inform decisions, concept design for creating initial product concepts, finite element analysis using engineering methods to test designs, sample production for making prototype samples, loading experiment for conducting experiments to test load capabilities, indicator evaluation for evaluating against key performance indicators, trial production for producing trial runs, collecting customer feedback to gather input from customers, mass production for scaling up to full production, and entering information to input relevant data back into the process; notably, the circular layout emphasizes the iterative nature of R&D, where each stage informs and feeds into others to refine and improve products.