The Build vs. Buy Conundrum, Article 1 in the Series
- January 12, 2015
- author: rcuomo
There’s Always Something…Build it yourself? Buy it? Contract it? Your final decision rests on a number of factors and whether you and your business are sufficiently prepared to undertake the project yourselves.
It seems like such a straightforward decision. Make some adjustments in how you do business, crunch the ROI numbers, work out an implementation strategy so you’re prepared.
Are you familiar with the phrase ‘There’s always something’? It’s a fitting backdrop to the storyline of the Build vs Buy decision. So we’ll explore the pains, perils and promises that you’ll face when your livelihood and day-to-day activities involve the manufacture of computer-controlled devices/instrumentation or embedded computer systems.
To begin, it’s essential to understand that the Make vs. Buy decision affects more people and departments than engineering and production. Many times, make vs. buy is more of a financial matter than an engineering one.
Regardless of whether your custom-build initiative causes pain or pleasure, it begins prior to the first piece of code being written or the first component/sub-assembly researched…And continues long after the unit is shipped, installed and functioning.
These articles will walk you through the various elements of a custom embedded computing initiative including:
- Systems planning services
- Vendor selection and management
- System build, integration and testing
- Inventory management
- Logistics Management
- Post-sale considerations
We’ll get into the details on each subject as we progress through the series of articles. Stay tuned…
Don’t want to wait for the next article? Get the complete 38-page, Guide to the DIY (Do It Yourself) vs. Outsource Decision for Computer-Controlled Devices and Embedded Computer Solutions eBook now.