SlideShare a Scribd company logo
Supply Chain Management
for Hardware Startups
Mighty Net
Mighty Net / CEO
• Might Electronic BU Head
• MakerPro Industry Consultant
• TRIPLE Lecturer
• StarFab Accelerator Mentor
• 500 Rookies Fund Mentor
『 You jump off a cliff and you assemble an airplane on the way down 』
Reid Hoffman, Founder of LinkedIn
Hardware is Hard?
Manufacturing is easy
Integration
Scale
Dec 2013
• Kickstarter
$297,824
as 745%
over
target
2014 Sept.
• Much-
delay,
non-tech
prototype
release
Jan 2015
• Last
update
and delay
again due
to the LED
display
Dec 2013
• Kickstarter
$297,824
as 745%
over
target
2014 Sept.
• Much-
delay,
non-tech
prototype
release
Jan 2015
• Last
update
and delay
again due
to the LED
display
The success of the Kickstarter funding project (20 times beyond the target)
has put huge pressure on the Zano team to force them to develop additional
features and to expand production scale for each order.
Zano team rushed into production before functional product has NOT yet
proved in order to catch the deadline.
1. Do Not have working relationships with any other solutions
company or EMS factories
2. Paid 50% of money to secure the 20k Units LCDs
3. Marketing team with very limited hardware experience
Design ≠ Manufacturing
Right Demand and UX(User Experience)
Cost + Function + ID + Schedule = 1
Cost underestimated and
Incorrect Target at Crowd-funding
No experience in Hardware Supplier Chain
Chip
Solution
Chip Agent
Design
House
Certification
Lab
EMS
ODM
Forwarder
Software is Solo, Hardware is Symphony
Internal Expert
Expectancy Match
Factory is your 1st customer
Next Product
Breaking up
1. NDA
2. RFQ Package
3. Quotation
4. Quality Plan
5. Certification
Factory Language
NDA (Non-disclosure agreement)
RFQ Package
1. Company Background
2. Product application
3. Quantities (Qty/lot, Annual Forecast)
4. Inquiry service (Design, Manufacturing, Sourcing)
5. Inquiry data (BOM, Gerber & Drawing)
6. Quotation
Functional Block Diagram
Schematic
BOM
• Type
• Brand
• Part No.
• Usage
• SMT X-Y
PCB Gerber
• Format : CAM
• Material : RF4
• Finishing
• Copper oz
• Color
• Trace
• Polarity
• Panel Design
Drawing
• Material
• Finishing
• Tolerance
• Critical
Dimension
Quotation
Might Electronic CO., LTD.
No 40, Lin 2, Yuan Shan Tsuen, Hsin Feng Hsiang, Hsin
Chu Hsien,Taiwan, R.O.C.
TEL:  +86-769-85555526              FAX: +86-769-85555529
To: NO#
Address: TEL.
FAX.
e-mail:
Term of Lead Time: 14 Weeks once Receiving Firm Orders
Term of Payment: 50% Down with Order, 50% Down before Shipment
Term of Shipment: FOB TAIWAN
Currency: USD Date:
Exchange Rate (USD/NTD): 1:32.8 Offer Validity:
Model: Q'ty:
Material Cost
SMT
DIP
Assembly Cost
Test
Packing
Trasportation
Handling Charge
Total
NRE Cost (Non-Recurring Engineering)
PCB Stencil Cost
PCB Set up Cost
Test Fixture Cost
Total
Remark
1. Some components are quoted with substitutes.
2. Price is including 1% scrap rate.
3. Any further Engineering Change (ECN) will be reviewed and reflected to new quotation.
4.
5. Test and Fixture cost need to be discussed.
6. Payment Term could be reviewed and discussed for long-term business.
QUOTATION
Item Description of Model
Quantity Unit Price Amount
(PCS) ($) ($)
For MOQ issue of components, customer has to sign a contract to guarantee to buy back all our
inventory if there is no order in 3 months.
• Lead Time
• Payment Term
• Trade Term
• Scrap Rate
• MOQ Issue
Trade Term = Responsibility and Expense
Certification
Antony Lien / CTO
17 years Hardware Design
IC Distributor
Mike Liang/ CMO
30+ years PC/IT Marketing
Worldwide Sales Channel
Ray Tai / CEO
14 years EMS/ODM
Supplier Chain
Daniel Wu / CSO
16 years Product Manager
Product Strategy
Alvin Li / Chief Designer
20+ years ID/UX Design
Integrated Innovations
Ray Hu / RD Leader
14 years Mechanical Designer
Production Planning
Vincent Lo / PM
ME Design
Fixture Design
Ken Huang / PM
Production Operation
Process Design
Mos Lee/ PM
Hardware Design
Testing Design
William Yang / SI
System Design
Automation
Wuulong Hsu / SI
Linux OS
IC Design
Sebastian Hsieh / Marketing
Growth Hacking
Website Planning
ID / ME Design EE Design System Integration Cloud Service / OTA
Maker Community Supply Chain Matching Designer E-commerce Maker E-commerce
Co-working SpaceCloud Accelerator HW Accelerator Incubator
UX UI Design
CE E-commerce
HW Accelerator
TRIPLE & MakerPro Visiting
New Product Interview
Taipei Computer Application Show 2015
HsinChu Maker Faire 2015
RAPAQ Design Match 2015
Venture AP 2015
TRIPLE Singapore Startup Trip
Taiwan Cloud Accelerator Event
2016 Maker Faire Taipei
Date:2016/5/7-2016/5/8
Visits the US Maker & Accelerator
Date:2016/5/18-5/28
2016 Computex
Date:2016/5/31-2016/6/4
2016 Maker Faire Shenzhen
Date:2016/10/18-2016/10/24
Mayor of Hsinchu City visit us
Date: 2016/11/21-2016/11/23
US-Taiwan Startup Meetup
Date: 2016/11/29
Plug and Play to visit us
Date:2016/12/4
Launching event of MiniPlan v6
Date:2016/12/22
『And the more you know how to make things,
the better designer you’re going to be』
Yurchenco, ID of Apple Mouse
Supply Chain Management For Hardware Startups

More Related Content

Similar to Supply Chain Management For Hardware Startups

Technical Debt.pptx
Technical Debt.pptxTechnical Debt.pptx
Technical Debt.pptx
Atish Narlawar
 
Getting started in tech (4:27)
Getting started in tech (4:27)Getting started in tech (4:27)
Getting started in tech (4:27)
Thinkful
 
Introduction to Agile Hardware
Introduction to Agile Hardware Introduction to Agile Hardware
Introduction to Agile Hardware
Cprime
 
How to Write an RFP
How to Write an RFPHow to Write an RFP
How to Write an RFP
EPAY Systems
 
IoT Product Design and Prototyping
IoT Product Design and PrototypingIoT Product Design and Prototyping
IoT Product Design and Prototyping
Dr. Shivananda Koteshwar
 
Limited WIP Meeting presentation - The Phoenix Project book review
Limited WIP Meeting presentation - The Phoenix Project book reviewLimited WIP Meeting presentation - The Phoenix Project book review
Limited WIP Meeting presentation - The Phoenix Project book review
Rudiger Wolf
 
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service CatalogsService Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
Evergreen Systems
 
VUCA - Planning for the essentially unplannable in a disruptive world
VUCA - Planning for the essentially unplannable in a disruptive worldVUCA - Planning for the essentially unplannable in a disruptive world
VUCA - Planning for the essentially unplannable in a disruptive world
Joakim Lindbom
 
Let's get the machines to do it
Let's get the machines to do itLet's get the machines to do it
Let's get the machines to do it
James Crawshaw
 
#spsclt18 vincent biret #spfx #devops
#spsclt18 vincent biret #spfx #devops#spsclt18 vincent biret #spfx #devops
#spsclt18 vincent biret #spfx #devops
Vincent Biret
 
Twin Cities Salesforce.com Developer User Group Presentation April 2012
Twin Cities Salesforce.com Developer User Group Presentation April 2012Twin Cities Salesforce.com Developer User Group Presentation April 2012
Twin Cities Salesforce.com Developer User Group Presentation April 2012Developer Force - Force.com Community
 
TS industries Overview ver 8
TS industries Overview ver 8TS industries Overview ver 8
TS industries Overview ver 8
Total Solution Plastic
 
ContinuousDelivery-101
ContinuousDelivery-101ContinuousDelivery-101
ContinuousDelivery-101
Kishore Bhatia
 
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
GameChangerSF
 
Surge engr 245 lean launchpad stanford 2020
Surge engr 245 lean launchpad stanford 2020Surge engr 245 lean launchpad stanford 2020
Surge engr 245 lean launchpad stanford 2020
Stanford University
 
Getting started in tech (6 21)
Getting started in tech (6 21)Getting started in tech (6 21)
Getting started in tech (6 21)
Thinkful
 
Spsnyc vincent biret spfx devops
Spsnyc vincent biret spfx devopsSpsnyc vincent biret spfx devops
Spsnyc vincent biret spfx devops
spsnyc
 
Seeed Manufacturing Service Introduction
Seeed Manufacturing Service IntroductionSeeed Manufacturing Service Introduction
Seeed Manufacturing Service Introduction
Mengmeng Chen
 

Similar to Supply Chain Management For Hardware Startups (20)

Technical Debt.pptx
Technical Debt.pptxTechnical Debt.pptx
Technical Debt.pptx
 
Getting started in tech (4:27)
Getting started in tech (4:27)Getting started in tech (4:27)
Getting started in tech (4:27)
 
Introduction to Agile Hardware
Introduction to Agile Hardware Introduction to Agile Hardware
Introduction to Agile Hardware
 
How to Write an RFP
How to Write an RFPHow to Write an RFP
How to Write an RFP
 
IoT Product Design and Prototyping
IoT Product Design and PrototypingIoT Product Design and Prototyping
IoT Product Design and Prototyping
 
Limited WIP Meeting presentation - The Phoenix Project book review
Limited WIP Meeting presentation - The Phoenix Project book reviewLimited WIP Meeting presentation - The Phoenix Project book review
Limited WIP Meeting presentation - The Phoenix Project book review
 
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service CatalogsService Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
Service Catalog Essentials: 5 Keys to Good Service Design in IT Service Catalogs
 
VUCA - Planning for the essentially unplannable in a disruptive world
VUCA - Planning for the essentially unplannable in a disruptive worldVUCA - Planning for the essentially unplannable in a disruptive world
VUCA - Planning for the essentially unplannable in a disruptive world
 
Let's get the machines to do it
Let's get the machines to do itLet's get the machines to do it
Let's get the machines to do it
 
#spsclt18 vincent biret #spfx #devops
#spsclt18 vincent biret #spfx #devops#spsclt18 vincent biret #spfx #devops
#spsclt18 vincent biret #spfx #devops
 
Twin Cities Salesforce.com Developer User Group Presentation April 2012
Twin Cities Salesforce.com Developer User Group Presentation April 2012Twin Cities Salesforce.com Developer User Group Presentation April 2012
Twin Cities Salesforce.com Developer User Group Presentation April 2012
 
TS industries Overview ver 8
TS industries Overview ver 8TS industries Overview ver 8
TS industries Overview ver 8
 
ContinuousDelivery-101
ContinuousDelivery-101ContinuousDelivery-101
ContinuousDelivery-101
 
Airtel-BML
Airtel-BMLAirtel-BML
Airtel-BML
 
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
Cheap Creative Is Expensive: Taking a Data-Driven Approach to Creative Develo...
 
Surge engr 245 lean launchpad stanford 2020
Surge engr 245 lean launchpad stanford 2020Surge engr 245 lean launchpad stanford 2020
Surge engr 245 lean launchpad stanford 2020
 
Getting started in tech (6 21)
Getting started in tech (6 21)Getting started in tech (6 21)
Getting started in tech (6 21)
 
Chap12
Chap12Chap12
Chap12
 
Spsnyc vincent biret spfx devops
Spsnyc vincent biret spfx devopsSpsnyc vincent biret spfx devops
Spsnyc vincent biret spfx devops
 
Seeed Manufacturing Service Introduction
Seeed Manufacturing Service IntroductionSeeed Manufacturing Service Introduction
Seeed Manufacturing Service Introduction
 

More from futurewardcentral

Perspectives on Foreigner Employability in Taiwan
Perspectives on Foreigner Employability in TaiwanPerspectives on Foreigner Employability in Taiwan
Perspectives on Foreigner Employability in Taiwan
futurewardcentral
 
Zero Waste Fashion: The Journey of Story Wear
Zero Waste Fashion: The Journey of Story WearZero Waste Fashion: The Journey of Story Wear
Zero Waste Fashion: The Journey of Story Wear
futurewardcentral
 
Quantitative Trading
Quantitative TradingQuantitative Trading
Quantitative Trading
futurewardcentral
 
The Right Way To Talk To Users
The Right Way To Talk To UsersThe Right Way To Talk To Users
The Right Way To Talk To Users
futurewardcentral
 
Managing Distribution for Hardware Startups
Managing Distribution for Hardware StartupsManaging Distribution for Hardware Startups
Managing Distribution for Hardware Startups
futurewardcentral
 
The Secrets Behind Million Dollar Indiegogo Launches
The Secrets Behind Million Dollar Indiegogo LaunchesThe Secrets Behind Million Dollar Indiegogo Launches
The Secrets Behind Million Dollar Indiegogo Launches
futurewardcentral
 
Experiences of a Foreign Entrepreneur in Taiwan
Experiences of a Foreign Entrepreneur in TaiwanExperiences of a Foreign Entrepreneur in Taiwan
Experiences of a Foreign Entrepreneur in Taiwan
futurewardcentral
 
POC To Product: 8 Key Processes in Design Path
POC To Product: 8 Key Processes in Design PathPOC To Product: 8 Key Processes in Design Path
POC To Product: 8 Key Processes in Design Path
futurewardcentral
 
Managing Your Hardware Project, Something You should Know: From Concept, Desi...
Managing Your Hardware Project, Something You should Know: From Concept, Desi...Managing Your Hardware Project, Something You should Know: From Concept, Desi...
Managing Your Hardware Project, Something You should Know: From Concept, Desi...
futurewardcentral
 
Totes & Tees: The Social Entrepreneurship Journey
Totes & Tees: The Social Entrepreneurship JourneyTotes & Tees: The Social Entrepreneurship Journey
Totes & Tees: The Social Entrepreneurship Journey
futurewardcentral
 
How To Start A Business In Taiwan
How To Start A Business In Taiwan How To Start A Business In Taiwan
How To Start A Business In Taiwan
futurewardcentral
 
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
futurewardcentral
 

More from futurewardcentral (12)

Perspectives on Foreigner Employability in Taiwan
Perspectives on Foreigner Employability in TaiwanPerspectives on Foreigner Employability in Taiwan
Perspectives on Foreigner Employability in Taiwan
 
Zero Waste Fashion: The Journey of Story Wear
Zero Waste Fashion: The Journey of Story WearZero Waste Fashion: The Journey of Story Wear
Zero Waste Fashion: The Journey of Story Wear
 
Quantitative Trading
Quantitative TradingQuantitative Trading
Quantitative Trading
 
The Right Way To Talk To Users
The Right Way To Talk To UsersThe Right Way To Talk To Users
The Right Way To Talk To Users
 
Managing Distribution for Hardware Startups
Managing Distribution for Hardware StartupsManaging Distribution for Hardware Startups
Managing Distribution for Hardware Startups
 
The Secrets Behind Million Dollar Indiegogo Launches
The Secrets Behind Million Dollar Indiegogo LaunchesThe Secrets Behind Million Dollar Indiegogo Launches
The Secrets Behind Million Dollar Indiegogo Launches
 
Experiences of a Foreign Entrepreneur in Taiwan
Experiences of a Foreign Entrepreneur in TaiwanExperiences of a Foreign Entrepreneur in Taiwan
Experiences of a Foreign Entrepreneur in Taiwan
 
POC To Product: 8 Key Processes in Design Path
POC To Product: 8 Key Processes in Design PathPOC To Product: 8 Key Processes in Design Path
POC To Product: 8 Key Processes in Design Path
 
Managing Your Hardware Project, Something You should Know: From Concept, Desi...
Managing Your Hardware Project, Something You should Know: From Concept, Desi...Managing Your Hardware Project, Something You should Know: From Concept, Desi...
Managing Your Hardware Project, Something You should Know: From Concept, Desi...
 
Totes & Tees: The Social Entrepreneurship Journey
Totes & Tees: The Social Entrepreneurship JourneyTotes & Tees: The Social Entrepreneurship Journey
Totes & Tees: The Social Entrepreneurship Journey
 
How To Start A Business In Taiwan
How To Start A Business In Taiwan How To Start A Business In Taiwan
How To Start A Business In Taiwan
 
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
Recruiting For Your Startup: Unconventional Thinking, Smart Ideas and Amazing...
 

Supply Chain Management For Hardware Startups