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In-house product development, manufacture and support is no longer a cost-effective solution for many companies. High costs of R&D, marketing, production and support are unsustainable in today's price-conscious economy. A bottom line can often be improved by use of third party service providers. Some provide product development, marketing and sales materials, product support, call centers, training, distribution, manufacturing and production, aspects as needed to complement your company's strengths. Outside service providers may reduce product life-cycle costs, increase profits and improve product quality and stakeholder return.
For example, licensing of techniques, processes, software, and hardware design is compatible with keeping product differentiation, integration, manufacturing and support in-house.
Companies considering outside service providers need assurance of a low-risk outcome, whatever their needs. HEI's consultants cut through the hype, find the best candidate company or companies, analyze all the costs, and determine that every contingency has been accounted for, ensuring that a client's needs can be met with minimal downside risk.
Under non-disclosure agreements, HEI evaluates candidate companies' technologies, services and collateral items to meet a client's needs. HEI's experience, expertise and scrupulous integrity make us well suited to provide clients with a thorough, unbiased, fully-independent evaluation as part of an outsourcing feasibility decision.
Occasionally, sourcing leads to an interest in merging with, or acquiring the other company. A more detailed assessment of the target company's intellectual property and operations is then appropriate. (Please check our Strategic Services menu items.)
Inverse Outsourcing, an alternative to sourcing, is an approach spearheaded by HEI. The concept is easy and provides the means to keep your various skilled teams together — instead of downsizing staff and premises, offer excess capacity to other, non-competing companies. Our staff determines the suitability of this approach for your organization, and identify any risks.
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