Product Cost Reduction Services - Enventure, over time has developed a unique methodology for reducing the end cost of a product.

Enventure brings together its skills and experience in Electronic design, Mechanical Design, Manufacturing and Sourcing in delivering results in the  cost reduction arena. The cross functional team follows a proprietary methodology in analyzing the product from multiple angles.

 A sample of the type of activities performed and some sample results -

• BOM cost reduction through supplier renegotiation 

• BOM cost reduction through low cost country sourcing

• BOM cost reduction through redesign - With time newer technology would have replaced older technology and very often the costs would have dropped and a redesign could save substantial costs. This could also result in automatic product upgrade. 

• BOM cost reduction through integration - It is known that ICs get further integrated with time and locating and implementing this into the design could save substantial costs.
  

• Cost reduction by optimizing the mechanical parts and the materials used for fabrication 

• Cost reduction by reducing the assembly complexity. 

• Cost reduction by assisting in low cost country manufacturing.
  
  

While it is understood that much of the above can be done successfully, it is also understood that this is a collaborative process and needs a good amount of input from the customer on likes and dislikes and understanding of the customer design methodologies.

Enventure has referenceable customer base of customers who have used the services and have derived "surprising" cost savings in the range of 10 - 25% on the BOM costs.