LIFECYCLE MANAGEMENT

Product lifecycles never stand still, even once a product reaches production at scale. Components obsolescence, technology upgrades, and regulatory updates are just a few of the challenges OEMs face. Benchmark’s ability to adapt to these changes quickly lets our customers be successful across the product lifecycle in a cost-effective manner. Whether a customer chooses to partner with Benchmark for complete product development, launch, manufacturing, and after-market services, or selects specific services that complement their business model, Benchmark’s lifecycle management capabilities reduce risk and deliver products reliably.

Our lifecycle management offering is more valuable than the sum of its parts. The integration of these capabilities reduces friction in the hand-offs between steps, resulting in a lifecycle management solution that is flexible, agile, and ultimately saves customers money.

For example, customers working with Benchmark Technology Solutions and design engineering services benefit from supply chain planning that begins at the engineering project scoping stage. This reduces the risk of parts obsolescence and often results in a much lower bill of materials cost than if the design is completed, then handed-off to manufacturing. Our supply chain and engineering teams co-develop custom supply chain strategies for prototype and production phases.