Don’t Start Your Project Transfer Until You See These Tips!

by | Jan 12, 2017

A stressful time for those in purchasing and engineering can be when the decision is made to transfer a project. There is concern if the right partner was secured that will meet outlined project requirements and if the move will deliver the additional competitive advantages promised. Just a few simple steps will diminish or remove all risks.

Today’s business climate has projects that were once offshore being brought into the United States. With anticipation of this gaining momentum, and the competitive nature in the domestic market, now may be the time for you to consider manufacturing options.

The manufacturer you choose will be the foundation in this process. Without an engaging vendor, the process will be stressful and bumpy. Be sure to choose a vendor that has a documented process of “Project Transfer.” Everyone has a “process”; however, most do not have a documented process. This provides you clarity and a document you can reflect on during the transfer process. The step by step layout and reporting allows you to plan effectively and answer questions your colleagues may have regarding the project’s transfer. Being made aware by the manufacture partner of the project progress will make your life and job easier and reduce unnecessary stress.

Perhaps most important for the transfer to be successful is disclosure. Moving a project can be attributed to securing better pricing, improving quality, better service, better terms, or justification for outsourcing was reached. Regardless of the why, it is imperative your new vendor be aware of any issues regarding:

  •       Mold condition
  •       Part geometry
  •       Resin callout
  •       Quality specifications
  •       Cycle time
  •       Scrap margin

The more information you can provide to your vendor the better. If you invest time in making your vendor partner aware of these six items, the process will go smoothly.

As a vendor partner, it is our goal to increase your competitive advantage, improve your profitability, lower your risk, and make your life and job easier. The more information regarding your goals and project desires you can provide regarding a transfer, the more successful the transfer will be for you and for your vendor partner.