More often than not, designing your cool new product relies on some new widget. You’re not sure if you should design your own or buy one from a supplier.
Your engineers are itching to design one and want to get started right away (in fact, they probably already have behind your back). Your manufacturing team doesn’t want to build it or inspect it and would much rather buy it. Purchasing has found one decent supplier but they’re on the other side of the world in a politically unstable country and might already be selling to your fiercest competitor.
Finance is worried about cost-of-goods-sold, but your capital budget is already over-committed on this project. Your test and development team is stressed and not looking for more work. Your legal team is worried about IP and liability, and your marketing team doesn’t much care except there’s no supplier that really meets their requirements and they promised we’d be in production … tomorrow.
What should you do?
I've got some tips to share with you in my white paper. Download it here.
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