Capital Light Assembly with Edison
Capital Light Assembly with Edison
Edison Manufacturing and Engineering
Pros and Cons of In-house Production & Contract Manufacturing
11 minutes Posted Jul 17, 2024 at 12:19 pm.
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Choosing between in-house production or working with a contract manufacturing partner can be a difficult decision. This episode helps to dissect the pros and cons of each option, while also providing a third alternative.
Benefits of in-house
- Proximity between design and production
- Opportunity to be scrappy
- Theoretical potential to capture greater gross margin
- Confidentiality is simpler
- Greater flexibility
- Quality and delivery is within your control
- You care more
Benefits of CM
- Able to get to market faster
- Predictable costs
- Reduced capital investment
- Higher net profit margin potential
- Ability to leverage relevant, specialized knowledge
- Ability to focus on core competency outside manufacturing
- Greater reliability and performance (if you pick the right CM)
Question - what do you do if you want to get the best of both worlds?
About Edison:
Edison Manufacturing & Engineering is a niche contract manufacturer, focused on flexible and capital efficient assembly of complex mobility and mobility-adjacent products that are not well suited for highly automated production.
Edison website: ⁠⁠https://edison-mfg.com/⁠⁠
Edison LinkedIn: ⁠⁠https://www.linkedin.com/company/70992427/⁠⁠
Brandon Bartneck LinkedIn: ⁠⁠https://www.linkedin.com/in/brandonbartneck/