How to find a good product development company?

In today’s competitive market, it’s necessary to develop unique and valuable products. It will benefit for both consumer and business runner. However it’s not easy to find a suitable product design and development company. As we know, in European and US countries, there are lots of product design company, but few of them has one stop product development and manufacturing capabilities. Then more and more people think of finding their product development partners in Asian countries, like China, India, Vietnam, Thailand, etc. Here we would like to share some experience how to find a good product design and development company.

Find potential product design and manufacturing company on internet or industry fair

There are lots of different level of product development companies all round the worlds. You can find it locally or outside your countries. For most of people, finding a partner on internet is a quick and efficient way. Normally you might search by Google, Yahoo, or Alibaba…certainly we can also find some product development companies from industry fair. And just talk with them face-to-face. And collect some contract information from them.

 

Get a supplier questionnaire and visit them in person.

When you got contract information from your potential partners. You can have a business questionnaire to know more about them, like business history, number of employee, reference customers, capabilities, etc. perhaps some of them will provide real information, however some of them might not be. So it’s time for your to recognize their identities. And try to avoid to work with any brokers or trading companies. You can verify those questionnaire by many means, but visiting few of them will be most reliable solution.

 

Verify their capabilities.

At very beginning of a project consultation, many companies declared they would do better than other competitors because they wanted to get the business. Therefore you need to verify their real capabilities. When you visit a potential product development partner, you should deeply talked to their product design engineers and check out if they have rich experience or reference cases that prove their experience and process are reliable, for a standard product design and development company, they must have strong team in mechanical and electronic design and manufacturing, as it’s very essential technology to develop a new product.

 

Have a formal contract with them

After your reviewed all of the potential partners. You should have choosed one of them to start your project, but we will strongly recommend you to have a business contract with your supplier. And get clear definition on your project information, price, lead-time, and payment terms. So you will have a written document to follow, otherwise you might get trouble when you cooperate with your product development companies.

 

All in one words, you should consider everything clearly and get your project moved forward step by step. Once you still have some problem on a project development, you are welcome to contact us for help.