25 Feb 4 key factors to consider when selecting a component subcontractor
Selecting the right subcontractor for your requirements and the needs of your project can be a difficult process – and catastrophic if you choose wrong. To get it right and to build a strong partnership, there are a number of important factors you need to consider, these include:
Ability – The first step in selecting an appropriate subcontractor is to asses their capabilities. Ask yourself if they have the resources, expertise and equipment required to supply the components you need, to the quality standard you require, on budget, and on time. In some cases it might be a good idea to request a sample manufacturing run, that way you can get a better idea of the company’s ability.
Experience – Experience is arguably as important as ability. A subcontractor that possesses extensive experience within its team can be invaluable. They will likely have a better understanding of your business and they may have knowledge that could assist you in improving the quality of your product or save you money.
Compliance – When subcontracting, you need to make sure the products your subcontractor supplies are of consistent high quality. There are a number of standards and regulations in place to help ensure this. Always check with the subcontractor to confirm they have the relevant certification and comply with industry standards.
Value for money – Whether you need big or small, simple or complex components, you should feel like you’re getting value for money. We recommend you establish value for money based on the service as a whole, as opposed to simply the price per component. To do this, consider the following factors: quality of components, contract cost, service reliability and flexibility, and customer and technical support.
With over 90 years’ experience as a subcontractor, we know what makes a good one. We’ve worked with almost every type and size of manufacturer, providing a wide range of precision engineering services to suit their needs. To learn more about our services and how we can support you, please get in touch today.
Be sure to check out our next blog, where we’ll be explaining how to effectively manage a relationship with a subcontractor.