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2014 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker

2014 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker . Manufacturing Cost Considerations. The Pitch to Investors. 1: Show that you know what you are talking about 2: Show you did your research 3: Allows realistic projections. Manufacturing Cost Considerations.

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2014 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker

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  1. 2014 Technology Entrepreneurship Boot CampSponsored by Jackson Walker

    CITE BootCamp February 2014
  2. Manufacturing Cost Considerations The Pitch to Investors 1: Show that you know what you are talking about 2: Show you did your research 3: Allows realistic projections CITE BootCamp January 2011
  3. Manufacturing Cost Considerations Profit = Sale Price – Costs to Produce Truly a Simple Conceptthat applies to everything from Pet Rocks to radioisotopes for chemotherapy A “realistic” sale price is ALWAYS what the market will bear CITE BootCamp January 2011
  4. Manufacturing Cost Considerations Tooling Considerations: 1st Article Costs: Engineering/Labor/Testing Production is not Prototyping, some processes do not scale Lifespan of tooling depends on process Lithographic: Tooling can last for life of production, changes relatively affordable: micromachining of stints Molding/Casting: Tooling has limited lifespan, changes can be expensive: CPAP, Backboard CITE BootCamp January 2011
  5. Manufacturing Cost Considerations Injection Molding Usually contracted out Assembly concerns CITE BootCamp January 2011
  6. Manufacturing Cost Considerations Composite Material Processing Contracted out or in house. Economics of scaling production CITE BootCamp January 2011
  7. Manufacturing Cost Considerations Electronic Assembly Flex circuits? ASIC/FPGA? Peltier combined with air bladder, micro flow control, …… CITE BootCamp January 2011
  8. Manufacturing Cost Considerations Production Facilities: Lease or Own Zoning Siracha? Materials: Raw or processed? Machines: Energy/Tools/Chemicals PM’s, downtime, backups Automation? Waste/Recycling/Compliance w/…… CITE BootCamp January 2011
  9. Manufacturing Cost Considerations Compliance: Depends on …… Certification of incoming materials Certification of contracted suppliers Certification of final product Documentation Costs CITE BootCamp January 2011
  10. Manufacturing Cost Considerations Manufacturing Medical Devices…. Commercial distribution of medical devices requires compliance with FDA rules. Involves listing product with the FDA and documentation of compliance with “Good Manufacturing Practices” as listed in the Code of Federal Regulations, among other requirements. http://www.fda.gov/MedicalDevices/DeviceRegulationandGuidance/PostmarketRequirements/QualitySystemsRegulations/default.htm#applicability (Overview) CITE BootCamp January 2011
  11. Manufacturing Cost Considerations ISO Certification ISO 9001, ISO 14001, ISO 27001,….. More costs More required documentation http://www.iso.org/iso/home/standards/certification.htm CITE BootCamp January 2011
  12. Manufacturing Cost Considerations Now Back to Production Labor: Staffing: Line: trained monkey or skilled craftsman Assembly: human or machine Support: engineer or journeyman Training/Supervision/Turnover CITE BootCamp January 2011
  13. Manufacturing Cost Considerations QC: Personnel: training/time Equipment Documentation HR: Administration Benefits/Policies/Compliance Documentation CITE BootCamp January 2011
  14. Manufacturing Cost Considerations Out the Door: Packaging Shipping Customer Service: Service/Support/Warranty CITE BootCamp January 2011
  15. Manufacturing Cost Considerations Questions CITE BootCamp January 2011
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