Carving our strategic partnerships can pay handsome dividends.
Increasingly, it is becoming paramount that OEMs focus on their core competencies, such as system R&D, design, architecture, system software and branding. Outsourcing such key aspects of their product as board design, fabrication, assembly and procurement is part of the mix for maintaining a competitive edge and keeping the bottom line healthy. Outsourcing can also offer OEMs significant advantages, including reductions in capital risks, increased asset productivity, increased access to current technologies and reduced time to market.
And it’s not just OEMs cashing in on outsourcing. Even fabricators and design bureaus can reap the benefits of outsourcing, by sending out work that doesn’t fit their core competencies, so they won’t have to turn work away.