What are the advantages of Contract Engineering?
Contract Engineering enables Product Companies to reduce their cost of engineering infrastructure and processes, just like Contract Manufactuting did for manufacturing.
By purchasing engineering services as needed from a common provider, companies share the infrastructure and process costs with their peers achieving better Return on Investment.
Traditional fixed costs of infrastructure resources, and the related costs of people responsible for engineering processes are thus converted into variable ones, based on the task at hand and paying for usage, under a contract of performance with a Contract Engineering Company.
Companies are thus able to consistently sustain a pipeline of new products through better market and customer focus and simultaneous access to an efficient mechanism for executing engineering processes.
It offers several other advantages, including flexibility, speed, better ROI on R&D outlays, more stable employment to architects in product companies, and the same for the engineers of Contract Engineering Companies.
What are the advantages
of Contract Engineering ?
How can Contract
Engineering improve my
Return on Investment?
What are the cost savings
from Contract Engineering?
