Contract Manufacturer Pitfalls with Indiegogo
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Common Pitfalls to Avoid When Choosing a Contract Manufacturer
This webinar hosted by Arrow Electronics and Indiegogo, featuring Taylor Johnson, discusses vital tips for selecting a contract manufacturer (CM). Participants gain insights into manufacturing processes and key criteria to help avoid common mistakes.
A Look at Arrow's Manufacturing Services
Taylor Johnson introduces Arrow's rapid prototyping and on-demand manufacturing offerings, which support projects before entering production.
- Arrow provides **proof of concept** services, including **3D printing**, **CNC machining**, and **casting** for prototypes and mechanical assemblies.
- For PCB assembly, Arrow offers **quick turn services**, enabling expedited timelines for early-stage products.
- The company emphasizes **domestic sourcing** for prototypes, allowing for **design reviews** and consultations that help clients refine their projects.
- Arrow’s **on-demand manufacturing** caters to low-to-mid volume needs, facilitating flexible production schedules as needed.
- The transition to run rate production becomes seamless once volume forecasts stabilize, assisting with supply chain needs.
The Product Lifecycle Explained
Taylor outlines the various phases of a product's lifecycle, from initial concept to market management.
- The **creation phase** begins with idea generation and design, which often involves multiple iterations to ensure viability.
- **Prototyping** occurs once designs are validated, and Arrow assists clients in confirming the product’s functionality before larger manufacturing orders.
- During the **make phase**, selecting the right CM for production is critical, with careful consideration of timelines and routes to market.
- In the **management phase**, businesses must track feedback and address issues while preparing for next-generation product development.
- This cycle continues, encouraging teams to improve iterations as they gather insights from previous launches.
Choosing the Right CM
Key to partnering with a suitable CM lies in asking the right questions and being prepared with essential documentation.
- Design files should be close to complete before approaching a CM, minimizing confusion during quoting.
- Establishing clear financial parameters allows CMs to give you a realistic budget without missing the mark.
- Engaging a CM early can streamline processes, especially in terms of timing and expected production schedules.
- **Volume compatibility** is essential—knowing your expected production scale helps in selecting the right CM.
- Specialized CMs exist for various industries; ensure alignment in product type and required certifications to avoid unnecessary costs.
Key Takeaways
- Conduct thorough research to choose the right contract manufacturer to meet your needs.
- Prepare ample documentation to facilitate smoother interactions with CMs.
- Communicate clearly about your design, budget, and timeline expectations.
- Regularly revisit and refine product concepts throughout the lifecycle for best results.
- Engage CMs early to establish good working relationships and support smoother transitions from prototyping to production.
Watch the Full Video
If it piques your interest, you can find the full conversation below.
Watch on Youtube