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Every time the need to develop a product arises, the discussion starts with new features that the product must offer. A comprehensive study of the purpose of the product, survey of the competitor stakes in this field, and the end product customer requirement is what determines those specifications.
All these details are then compiled in a clear and compact form. This document is then shared with the product development team. Of course, the technicalities are left to the expert developers and to avoid any micromanagement. At this stage, the only objective is to create a product that delivers on initial objectives laid down in their product specification templates.
This process of framing a product spec., as it is also called, is not a single-step activity. Rather, it results from considerable research and development done before the final product requirements are assembled. Only then, it is forwarded to developers. Moreover, you need to share your exact expectations with the product development team to achieve the desired result.
For instance,if the discussion is around the manufacturing of any food product, you must specify the nutritional requirements, and the quantity of each unit to be packed. This sort of information shared via product specification templates can, later on, be shared with the marketing team and others doing the advertising of the product and generating sales.
Another example is that of an electronic product being developed. Its product specification template should entail its purpose, ideal sizing, voltage, and the type of end users. Any mention of the circuitry or arrangement of conductor will limit the potential of this project thus inviting micromanagement, (which is to be avoided).
Similarly in pharmaceutical product development, you must share your requirement of drugs to be developed from the point of view of market value and need.
Product specification templates act as a reference right from the start of production to the time the end product is to be distributed across markets, retail shops, and even the suppliers. At this stage, anyone going through a product spec sheet should be able to gather enough information about the product from it. Of course, the philosophy for its relevance and use has also been explained in considerable detail.
At SlideTeam, we have curated the best-in-class product specification templates to meet your needs for the same and gain from it in terms of the clarity and the design on offer. Let’s go through the templates.
Template 1: One-Pager Venture Capital Product Specification Sheet Presentation Report
Is your startup Venture Capital (VC) funded or are you looking to retain the interest of VCs for your struggling startup? Use this readymade product specification sheet to clearly define objectives of the product, as investors are keen on these. Ensure that every item, quality, and quantity mentioned in this sheet are on a par with industry standards to render a clean and quality product. All you need to do is grab this content-ready PPT Template and start filling in parameters required for any venture capital product specification sheet.
Template 2: One-Pager Medical Device Product Specification Sheet Example Presentation Report
Is your pharmaceutical company looking to develop a revolutionizing drug for which the material and testing specification is pending ? Submit those desired traits in your work-in-progress drugs with this PPT specification sheet. Specify the composition, resistance toward temperature and environment, and properties such as adhesion to substrates with this one-page PPT Layout. Grab it now!
Template 3: Drug Product Specification of Pharmaceutical Development PPT Layout
Here is another drug product specification sheet to request your development team on the composition and quality parameters of the drugs in making. Based on your analysis and testing, specify acceptance rates and the analytical procedures that need to be followed in this drug development. Specify these parameters for attributes such as appearance, release time, assay, water content, etc with this PPT Design. Download now!
Template 4: One-Pager Retail Product Specification Sheet Presentation Report
If the food industry is your domain, then here is a specification sheet to guide your manufacturing and production unit on the next favorite delicacy of your consumers. Specify the nutritional value, top ingredients of the food’s recipe, and shelf-life along top factors. You can also circulate this PPT Template among your consumers to educate them on food product specification. Download now!
Template 5: One-Pager Sample Food Product Specification Sheet Presentation Report
Here is another one-page document to share your request for manufacture of food products by your industry unit. Specify the nutritional value, shelf-life, etc among the primary features. You could also go a step further toward ensuring consumer well-being by mentioning the allergens and microbial specification. Again this PPT Template can be shared with your end-consumers for them to judge better while choosing healthy products for themselves and their families. Grab it now!
Template 6: One-Pager Scientific Product Specification Sheet Presentation Report
If a scientific product like a new drug, fabric, food material, or elixir is in making, share your inputs of materials required with the lab workers using our dedicated PPT Slide. Specify the physical, chemical, and manufacturing characteristics of the product being developed. If your research has been thorough, you can also add on the quality control aspects such as the environment, temperature, and other constraints to ensure a top-notch product. Grab this scientific product specification sheet template now!
Template 7: Product Specification Sheet With Cost Project PPT Slide
Looking for a single-slide to encompass the major product specifications related to utility, design, safety, and composition? Here is a slide to enlist these specifications, along with the mention of the product development estimation.You can repeat this template to create product specs for multiple products and then share it with your development team to give them a fair idea of your expectations. Download this PPT Layout from the link below.
Template 8: Product Specific Competition Performance Analysis PPT Template
A crucial part of new product development or upgrading the existing one is to perform a market survey keeping in mind the competitors. With this PPT Template, you will be able to achieve the goal of comparing companies and their products. You can contrast up to three competitors on the basis of their characteristic product’s features. Based on this assessment, you can design your product to be better than the market variants. Get this presentation template now!
Template 9: Product Specification Comparison Between Four Competitors PPT Design
Here is another PPT Layout to examine the competition that resides in your niche. Compare your target product’s features with the ones offered by your competitors and use this analysis to get ahead of them. Know where you can beat them and the areas where your product, service, or program needs to improve. This slide is designed to ease the way of professionals like you; don’t let it pass. Download now!
Template 10: Product Specific Cost Sources PPT Show Layout Ideas
If your industry is working on developing a new product or is looking to upgrade its existing library, you need to stir up the comparison between what you have been offering and how you need to perform better. Monitor your product performance with the old ones or the ones commanding market share by targeting key performance indicators such as selling price, direct labor, machine setups, packaging, raw material required, etc. Compare two products at a time and find your ideal product specification with this PowerPoint Design. Download now!
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PS: Are you looking at the broader perspective of making your product development and launch a success? You cannot ignore the role of running automation testing, afterall,the brand image is at stake. Explore this guide on automation testing plan templates to align your readiness with successful launching and likeability of products.
FAQs on Product Specification Templates
What are types of product specification documents?
A product specification document is generated whenever there is a requirement to build a new product, roll out a new feature, or to upgrade an existing one. Hence, industries have identified eight types of these documents, these are:
- Requirement Specification: It encompasses the components, programs, and techniques required to design a product, service, tool, procedure, etc.
- Design Specification: It follows requirement specification and lays down design features desired in any product such as dimensions, aesthetic factors, maintenance needed, etc.
- Material Specification: Nature of material with respect to its physical, chemical, electrical, or mechanical properties that are desired in a particular product are enumerated.
- Standard Specification: When a product or service is to be designed on a par with the industry standards, a standard specification document is released.
- Interface Specification: Software API for system integration and lying down the architecture of how components will intersect with each other in a product or program is specified in this document.
- Test Specification: It describes testing processes that would be imposed on product service, infrastructure, machine, environment etc,
- Performance Specification: The performance parameters of a product, program, or service that must be achieved everytime it operates are enlisted here for developers to weave the desired product around it.
- Quality Specification: These are standards or benchmarks pertaining to design, testing, etc. They can be both tangible and intangible such as physical measurements and sensory like odor, taste, etc.
What are the main components of a product specification sheet?
Here are the five main components that should feature in a product specification sheet:
- Product all-about: It’s the head of any document that should cover the title, name of the product, product code, a brief description of the product, its major uses, and reference photos of the product.
- Product specifications desired: It covers the physical, chemical, electrical features that are desired in the new or updated product.
- Product labeling and packaging requirements: Another additional packaging or storage related information that must be accounted for in the manufacturing process, needs to be included as well under this section.
- Standards and Certifications: Does the product need to function or work according to industry standards? Is certification needed?, this requirement also needs to be mentioned in this doc.
- Optional Requirement: Embedded logos, or other brand specific requirements also need to be accounted for in a product spec sheet.
Download the free Product Specification Templates PDF.
