Make Vs. Buy

In this Episode: What is the UVP of you and your company? ** I'll speak specifically ** Our equipment is set up for prototyping. It is perfect for what we do ** Things to ask a manufacturer ** Most contract manufacturers build to a blueprint. They do not check if it actually works ** We approach your product like it is our product ** It's about your capacity and resources and where you are in the life cycle of the product ** If you are going to spend $500,000 on equipment, what is your plan for that equipment ** Early on we recommend partnering with manufacturers ** Lease vs. Buy and equipment considerations ** What we do is small batch, high quality ** Questions to consider with buy vs. lease ** I'm a big proponent of used equipment ** What is the intended use and service life of the equipment? ** Are you an expert with the equipment? Do you need assistance with it? ** An example with the milling machine we use ** It's the service and useful life of the equipment ** Have your process map. As you improve your equipment, improve your process ** Some things I learn, I never want to do ** We have expert partners to guide us in their area of expertise ** Focus on what you need and your process ** Make a list of questions to ask because your assumptions will kill you. Sponsor this Podcast: https://www.chrisjonesmedia.com/no-followers-podcast