SOURCE: Arena Solutions

July 12, 2007 08:00 ET

Download Free Arena Solutions/Symphony Consulting Whitepaper: Manufacturing Outsourcing: Seven Common Pitfalls to Avoid

Paper Discusses the Importance of Putting in Place the Right Strategy, Processes, People, and Tools

FOSTER CITY, CA--(Marketwire - July 12, 2007) -


TITLE: Manufacturing Outsourcing: Seven Common Pitfalls to Avoid

FOR: Original equipment manufacturers (OEMs), primarily small or mid-size, who wish to become more competitive through manufacturing outsourcing or who wish to gain greater control of their current manufacturing outsourcing efforts.

AUTHORS:

--  Bijan Dastmalchi, co-founder and president of Symphony Consulting,
    Inc., a Silicon Valley consulting firm specializing in manufacturing
    outsourcing and supply chain management.
--  Richard Vermeij, senior director of product marketing at Arena
    Solutions, the leading provider of on-demand product lifecycle management
    (PLM) software.
    
HOW: Download immediately from: www.arenaplm.com/forms/media_outsourcingpitfalls_07q3

COST: Free (11 pages)

DETAILS:

Despite the significant benefits that come with manufacturing outsourcing, there are also risks that, unmitigated, can have a significant impact on a company's financial performance and long-term success. To be successful, this commonly used supply chain strategy requires careful consideration of a variety of issues that are often overlooked. Outsourcing that's not established on the right processes or infrastructure can lead to a loss of control, offsetting the benefits by introducing new costs and risks. Implementing solutions to these most common mistakes is not trivial, cannot be rushed and must be pursued with a strategy in mind. In the end, manufacturing outsourcing can be successful if companies have the right strategy, processes, people and tools to maintain control of their business.

In the whitepaper, the authors offer insight into -- and recommendations for how to address -- the seven most common pitfalls of manufacturing outsourcing:

1. Selecting the wrong contract manufacturer
2. Quote-and-go approach
3. Negotiating a weak contract -- or no contract at all
4. Poor NPI project management
5. Inadequate change management processes and infrastructure
6. Broken environmental compliance management
7. Ignoring the hidden costs of going off shore
Symphony Consulting and Arena Solutions host various best practice-oriented events, from webinars to full-day workshops. Please visit www.symphonyconsult.com/workshops for more information.

About Arena Solutions

Arena Solutions is the leading provider of on-demand product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service, Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and their global supply chains to streamline outsourcing, improve operational efficiencies, and speed time-to-market. Arena PLM has been adopted by more than 15,000 users across companies at all stages of development, including industry leaders Foundry Networks, Color Kinetics, Intuit, Sierra Wireless, Align Technology and more.

Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year - Notable Innovators" and Start Magazine's "Hottest" Companies.

Founded in February 2000, Arena Solutions is headquartered in Foster City, California. For more information, please visit the company's website at www.arenasolutions.com.

About Symphony Consulting

Symphony Consulting is a Silicon Valley-based company that provides strategic supply chain and manufacturing outsourcing expertise to help high technology companies reach their financial and operational goals. Symphony's strategic consulting services and in-depth workshops on advanced supply chain methodologies show companies how to enhance revenue potential, increase profitability and reduce inventory liability. Contact Symphony Consulting at (650) 968-1930 or visit www.symphonyconsult.com.

Arena Solutions, Arena PLM Workgroup Edition, Arena PLM Professional Edition, and Arena PLM Enterprise Edition are trademarks of Arena Solutions, Inc. Other product and company names are the property of their respective holders.