Better Designs
You can scale back your spending by engineering boards more strategically, and using fewer parts and other components. This will enable your company to reduce the cost of each PCB, thus increasing the savings realized.This can be achieved by involving your manufacturing vendor right from the design stage for raw material availability, providing ease of manufacturing with expected or better yields.
Supplier Relationships
Find one or two parts suppliers that you can rely on, and develop a good working relationship with them. This often leads to discounted prices because they appreciate the business you bring them, and they may even offer lower prices if you buy in bulk, or pay in cash each time.
Keep Your Business Stateside
If you are thinking about going offshore in hopes of saving money, don’t. You are running the risk of ending up with poor quality workmanship that can affect your reputation considerably. You can also end up paying hefty fines if the parts used are not genuine or fail to comply with US standards.
Hire a Contract Manufacturer
While this may seem like an additional expense, partnering with a team of experts may be saving you a lot of money over time. These professionals have access to equipment and resources that you may not have, which would have otherwise made you to accrue unnecessary costs for added man power – and they can now work for you without you having to pay them a salary for their expertise!
There are many ways for you to save money on the PCB fabrication process, and the integrity of your product does not have to suffer. Learn how to cut your own costs without sacrificing quality, and still keep your customers happy with the products you supply.
The tips listed above are only a few ways for you to cut your costs without losing your profit margin. Work with members of your company to come up with other strategies to effectively reduce expenses, while at the same time developing and manufacturing a PCB that meets public expectations and demand.
