• Should I take on outsourcing work?

    An outsource lab calls me up and wants to send me some work...Do I... A) Bring it. Cant say no to money coming in. B) Do it, i'm flattered they thought about using my work and this can help pay some supply costs. C) Do it for a bit and only take the units I want. D) No, My business is built...

    Most recently July 22, 2012

    I'm curious how outsource labs are hurting our industry. They have a business model built around service instead of manufacturing and focus on those core competencies rather than product development. If they are able to pay full price for your product and then upcharge it to doctors then that means you have some opportunities to do the same.

    If this particular lab is in your direct target market then it might not be in your best interest to provide them with your quality products, you would just be competing against yourself. There are of course other factors to also consider on whether this...See more

Show More