4. Use supplier expertise to improve design manufacturability and reduce product cost
This is an area of collaboration that is often overlooked, but when you involve a supplier early in the design phase of a new product, he or she will often make suggestions that can improve the design of the end product [i]. For example, your supplier may suggest using a different material to produce a specific part or a slightly modified design. As a result, the end product may be easier to produce, and if the production lead time is decreased, you won’t need to keep as much inventory.
4. Use supplier expertise to improve design manufacturability and reduce product costThis is an area of collaboration that is often overlooked, but when you involve a supplier early in the design phase of a new product, he or she will often make suggestions that can improve the design of the end product [i]. For example, your supplier may suggest using a different material to produce a specific part or a slightly modified design. As a result, the end product may be easier to produce, and if the production lead time is decreased, you won’t need to keep as much inventory.
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