Your suppliers have design expertise that you’re not tapping into. And that’s pretty common – because it’s challenging to get design feedback from your internal team, let alone suppliers. But the teams that do unlock supplier expertise are already achieving huge outcomes:
With the help of key suppliers, one company redesigned an entire product line from the ground up using off the shelf parts. As a result, they gained market share, as supply chain shortages and long lead times impacted competitors.
This is just one example. Other design teams are tapping into supplier expertise to:
- Make products easier to manufacture and assemble
- Improve margins by taking out cost
- Achieve challenging specifications
- And unlock more innovation
The benefits of strong supplier partnerships are clear. But how do you get there?
How about by learning from companies already at the forefront? Listen to a recorded panel discussion from CoLab, featuring special guests from Ford, iRobot, and Mainspring Energy, discussing how to turn suppliers into partners.