Category

The post list sort by: steps
Prototype Development

18

Sep 2015

Prototype Development

In development steps By Ben Dolgin Gardner

Prototyping allows you to review high-quality samples of your product before the costly and time-consuming process of opening a mold and the mass production start.

Agreement and Quotation Before Production

18

Sep 2015

Agreement and Quotation Before Production

In initiation steps By Ben Dolgin Gardner

A unit cost is provided in the quotation based on development requirements, product specifications, and forecast quantity. The quote combines development charges and unit cost.

Your volume forecast must be confirmed before signature of the contract as the unit cost is based on this forecast. Future deposits are computed based on the total order value.

At this point agreeing on a milestone and payment schedule with the partner you choosed is a must. It will help both parties to prepare the financial resources with a clear milestones in mind.

Client Provides Requirements For Hardware Device And Other Relevant Information

18

Sep 2015

Client Provides Requirements For Hardware Device And Other Relevant Information

In Before Production initiation steps By Ben Dolgin Gardner

Beside describing your product’s functionality, it’s helpful and important for you to share specifications, the current stage of development of your project and the forecast order quantity.

Note that you must have a confirmed volume forecast in order to get an accurate quotation.

Other information like your company background and your distribution channels are relevant too.