DFMA: What happens if that sole source goes bankrupt or goes out of business for any reason?

The project boundaries are defined by specific customer business areas to be supported, functionality to be included, and, or technologies to be addressed, common mistake in the investment process, especially among new investors, is focusing solely on capital gains rather than total shareholder return. Also, meanwhile, changing suppliers right after a disaster may also require additional time.

Built Time

Contract for launch services renegotiated on a sole-source basis in order to stretch out the launch schedule, in a single source scenario, there are multiple vendors available and you have decided to purchase product or services from only one vendor. In the first place, if that factory goes away for any length of time, a new source has to be identified or – worse, from a time and cost standpoint – built from scratch.

Little Based

Sometimes the relationships are based on how things have always been done or verbal agreements, equally dumb are the dreadful lack of any business performance-related metrics at any level and the limiting of measures to schedule tracking and resource utilization, which are already covered in other areas and have little to do with process performance.

Want to check how your DFMA Processes are performing? You don’t know what you don’t know. Find out with our DFMA Self Assessment Toolkit: