Choosing The Right Contract Manufacturing Partner

Advantages of Choosing the Right Contract Manufacturing Partner

Contract manufacturing occurs when work is transferred to an outside source.  Typically, a company decides to contract a partner when committing to the entire project “in-house” would unnecessarily burden its immediate resources or result in higher costs and expenses. For example, contracting out for the design and manufacture of a product which fits as a subsystem within the customer’s larger project. Therefore, it often makes sense to have the CM provide the subsystem with any custom modifications needed. This freedom allows the customer to focus on their strengths (what they are good at!) by assigning the other manufacturing work to an outside source where it can be completed more efficiently.

Finding a trustworthy contract manufacturer with experience in your specific industry enables your business to realize significant benefits, including:

• Expertise—A partner with in-house expertise and valuable in-depth knowledge in manufacturing and engineering can offer technical insight into your product that you might not get with other contract manufacturers. With mechanical, electrical, and software design engineering resources available, the CM can, if needed, review your design to spot potential issues and/or propose changes for improvements to functionality and reliability.
• Reduced costs—Outsourcing can reduce the overall cost to build. Tracking and housing all pieces, parts and materials can be a financial drain. Outsourcing cuts down on storage needs and allows you to put the focus back on your employees and their core competencies.
• Scalability—A strong relationship with your manufacturer allows you to scale quickly and offer more affordable products to your end-user. Suppose you are experiencing an increase in demand. The right contract manufacturer will have significantly more resources available to support that increase and can quickly scale up (or down) as needed without delivery delays.

For more information on how your company can benefit from Contract Manufacturing, please call us at (813)749-7519 or click here to contact us online.