Creating successful products requires a seamless integration of cost-effective manufacturing and a scalable supply chain solution that meets regulatory and quality standards. At Highmark Solutions, we understand the importance of mitigating risks and ensuring continuity of supply throughout the product development process.
Our approach to reducing supply chain risk begins with early design for supply chain engagement. Our supply chain experts collaborate closely with our engineers to identify opportunities for supply chain optimization during the design phase. By proactively addressing potential challenges, we ensure on-time product delivery and cost control.
One crucial aspect of our role as a product development partner is bridging the gap between engineering and supply chain teams. We strive to achieve the right balance between quality, unit cost, and time-to-market, all while maintaining profitability.
Quality is a key consideration in our supply chain strategy. We work with our customers to ensure our products meet the quality and regulatory standards required for the product.
Unit cost optimization is another area that plays a crucial role. Through design for cost initiatives, we collaborate with engineering teams to enhance manufacturability and reduce costs. For example, we may suggest design modifications to achieve weight reduction, improve tolerances, consolidate parts, increase machinability, or explore alternative finishes.
Time-to-market is a critical factor in product success. Supplier selection plays a vital role in ensuring regional proximity, scalability, and necessary accreditations. Making early decisions on tooling and manufacturing processes saves time and cost in the long run.
At Highmark Solutions, we recognize the importance of optimizing design and supply chain for manufacturable products. Our processes ensure effective collaboration, bridging the gap between engineering and supply chain, resulting in on-time delivery and cost control for each product.
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