How much will it cost to build your machinery and equipment? To asses this, we must have the documentation which clearly states the overall cost of each item that makes up a build.
Bill of Materials (BoM)
If we’re going to measure a design’s value in an effort to asses its maturity, the BoM needs to be clearly defined. If there is no definition to the parts which make up a machine then we cannot put a cost association to the overall value.
In this section, we look at three sub-indicators to assess where a design lies in terms of maturation.
More often than not, when a new start-up company comes to us with a new machinery or equipment, their primary focus is on the aesthetics of the design. Whether they’ve already built a prototype or on an alpha or beta build, they want to know that we can help make their design visually appealing.
Unfortunately, this is one of the least important aspects a company should focus on when it comes to launching a new build to the market. PEKO is more than happy to help improve the aesthetic design of a machinery, however, there are more important obstacles we focus on before we can turn our efforts on sensory appeals.
Does your machine actually function the way you intend it to? If it does, then what degree does it actually function to? In this sub-section, we dive deep into the actual science and physics of your design to make sure it does what you claim.
In the beginning of our partnership with our customers, this is where the majority of our focus lies, since we view it to be one of the most important pillars. While we try to steer customers from focusing to much on the aesthetics of their machine, we constantly push them to understand the importance of verifying the technology of their design.
This is where any Quality Requirements take place. Depending on which industry your machinery or equipment falls within, certain regulations must meet law standards. Whether its FDA, DOT, or DOD standards we must make sure that the build is safe. Some regulations are in place since this can lead to life or death situations, especially if your company is in the medical or defense industries.
Here we assess how fast we can move your builds. The reality is that in order for a build to be successful and benefit both PEKO and your company, we have to come to terms with the time frames of when the builds will sell, and how fast they will sell. After all, if you design won’t sell in the market, is it worth the money and struggles perfecting it?
When a new customer arrives to PEKO, we assess these three indicators in order to figure out how mature a design is. All three will inform us on where the value of a build lies. However, if there are pieces missing, such as the BoM or Quality Requirements, etc. we are completely prepared to assist in getting your build where it needs to be in order to be successful.
If you’re interested in learning how a Contract Manufacturer an help drive the success of your build, check out our free checklist to help you decide on your next business partner!