Nowadays with the skills shortages, energy and commercial property costs, the investment required to establish in-house manufacturing can be a real challenge especially for SMEs. Capital equipment costs are high, space is often limited, and you may lack specialist engineering knowledge.
Outsourcing the build of your product to an equipment contract manufacturer handles these problems.
With more internal resources at your disposal, both financially and intellectually, you are free to focus on expanding core areas of your business, such as: research and development, product innovation and business expansion. In order to realise these benefits, you will need to establish effective communication with your chosen ECM. On-time delivery and quality are paramount. Cost is also a huge factor but should be considered in terms of total-cost-of-ownership and value. After all, you get what you pay for. Great communication is the key ingredient that makes it all work. In other words it’s vital to clearly work with your ECM on your exact needs and wants as everybody’s requirements are different.
ECMs have different niche areas of specialisation so it’s important to be able to identify the right supplier that suits your product and company best. Having a dedicated project manager on your project to oversee progress and provide one-to-one feedback as manufacturing itself relies heavily of supply chains, people and technology so in itself is a moving organism. However, with open and honest two-way transparent communication in place, any stress around potential problems will be minimised and solutions optimised at an early stage. So the message is:
“Mind your own business and let your carefully chosen ECM mind your equipment.”
Get in touch on:
+353 (87)137 7434
kieron@dynamicinnovations.ie
