Companies that develop products are sometimes hesitant to outsource parts of their product development. However, here are 10 things to consider when you’re thinking about outsourcing your product development.

  1. It’s Cost-Effective

Many potential clients discard the possibility of outsourcing some of their product development because they believe it will be too expensive. However, after considering the following items, they realize that outsourcing some or all of the product development to Spedster is a very cost-effective solution:

  • Employee costs: hiring fees, salary, taxes, benefits, legal
  • Overhead expenditures on office space, computers, software, training
  • Administrative costs: IT support, management support, human resources, payroll
  • Risk costs: downsizing, severance pay, legal support

 

  1. It Accelerates Time to Market

We understand that the faster the design and development are completed, the faster the product gets to market. And the faster the product gets to market, the sooner your organization profits from the product. We pride ourselves on our ability to turn around high quality designs quickly. And while Spedster is still working on the product design, your team has time to handle in-house requirements. Being able to focus all of our efforts on the design and development of your product allows us to be very efficient and to keep pace with any timeline.

  1. It Creates a Fresh Perspective

Spedster understands that your organization is an expert in your industry. But have you ever felt that you’re not innovating? Having someone from outside your existing product development team that understands all phases of product development brainstorm and evaluate ideas for your existing and new products can bring a fresh perspective to your product line. This can go a long way toward injecting new life into your product line.

  1. It Adds Expertise

When Spedster becomes a part of your product development team, you immediately gain years of product development expertise. We’ve designed thousands of products over the years, and we’ve been involved with many different industries. All of this adds a significant amount of expertise to your team. Whether you need to supplement your existing product development team or need to fill a gap in your existing product development team, Impulse can help.

  1. It Adds Other Product Development Resources

Over the years, Spedster has developed relationships with many other product development resources. We work with various companies that serve the different stages of the product development process, including rapid prototyping companies, prototype post processing companies, digital laser scanning companies, industry experts, U.S. and overseas tool makers and manufacturers, retails sales channels, and more. All of these resources become available to you immediately when Spedster becomes part of your product development team.

  1. It Creates Scalability

As your new products begin the product development process, you can scale up your product development team by bringing Spedster in. As the development of your new products moves from the design, engineering, prototyping phases into the production and distribution phase, you can scale back our involvement until the next product line begins the product development process. Or you can bring Spedster in if a project has an aggressive timeline requiring rapid scale-up of manpower and hiring full-time or temporary employees is not a viable option. Using Spedster to scale allows your in-house team to focus on existing deadlines.

  1. It Improves Company Focus

Working with Spedster allows your product development team to focus on your core business expertise while Spedster focuses on their expertise: product design, engineering, CAD design, prototyping, and manufacturing support. Many of our clients’ product development teams consist of project managers or other individuals with specific responsibilities. By adding Spedster to your team, you add product design, engineering, CAD design, and prototyping expertise to your team while letting your in-house team members focus on their core responsibilities and expertise.

  1. It Maintains Intellectual Property

Spedster understands that the security of intellectual property is a primary concern for organizations. Spedster always conforms to non-disclosure agreements, patent assignments, and other necessary documents that help protect your organization’s intellectual property. We can even assist your patent lawyers with patent documentation and preparation. In addition, Spedster transfers rights to all intellectual property developed by Spedster as a result of our involvement in the development of your products.

  1. It Controls the Timeline

In a typical organization, timelines are set based on today’s workload and capacity. However, we know that situations can arise at any moment that can immediately compromise the timeline of the product development process. When you collaborate withSpedster on a project, some of the first items discussed are the timeline and deliverables. You can be assured that once a timeline is agreed to, Spedster will deliver. You can also be assured that if you run into any difficulties on an existing project, Spedster is always ready to step in and help you meet your deadline.

  10. Quotes Are Free
GiveSpedster a chance. Spedster Product Development is a team of experienced product development engineers. Contact us today to discuss your project. We’ll turn around a quote quickly—usually the same day—and you can evaluate the costs and timing from there