Companies looking to expand into new markets often face difficult decisions. While most of these organizations understand the benefits of expansion and the potential for increased revenue, many simply aren’t sure how to acquire the equipment, space, and people needed to grow their business. This is especially true for OEMs and other organizations looking to produce parts or products for the medical, defense, or aerospace industries. These industries have strict requirements, and organizations must prove that they have the equipment and skills needed to meet tight tolerances and produce extremely complex devices.
Unfortunately, many organizations avoid expansion or turn down jobs because they do not have the resources needed to complete the work. This can lead to significant loss for the company. In addition to potential loss of revenue, organizations that do not expand will likely fall behind their competition in coming years. This could prove to be especially damaging now, as the world attempts to rebuild the economy. Organizations everywhere will soon be looking for ways to increase earning potential and stability. Expansion into important and essential industries like medical and defense ensures OEMs remain successful even during times of economic downturn.
Outsourcing Reduces Cost and Time to Market
Organizations wishing to expand could benefit from outsourcing part or all of their production to a qualified contract manufacturer like Means Engineering. Outsourcing provides access to experienced individuals, quality equipment and machinery, and state-of-the-art technology at a fraction of the cost of in-house production. Contract manufacturers often have years of experience working with a wide range of industries.
Carlsbad Contract Manufacturing
When you work with Means Engineering, we work directly with your organization to ensure a successful and mutually beneficial relationship. Our team has experience creating complex devices for the medical and defense industries. As an ISO 9001 and ISO 13485 certified contract manufacturer, we understand the unique requirements of these industries and work hard to ensure the quality and consistency of every part produced. Our 5-axis machine allows us to produce extremely complex parts and products.
At Means Engineering, we understand the challenges OEMs face when expanding into new markets. Our team can help you clear this hurdle and ensure the continued success of your company.
Please contact us for information about our contract manufacturing services.