UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! 1CITE BootCamp February Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! CITE BootCamp January Manufacturing Cost Considerations 1: Show that you know what you are talking about 2: Show you did your research 3: Allows realistic projections The Pitch to Investors

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! CITE BootCamp January Manufacturing Cost Considerations Profit = Sale Price – Costs to Produce Truly a Simple Concept that applies to everything from Pet Rocks to radioisotopes for chemotherapy A “realistic” sale price is ALWAYS what the market will bear

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! CITE BootCamp January Manufacturing Cost Considerations Tooling Considerations: 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 Lifespan of tooling depends on process 1 st Article Costs: Engineering/Labor/Testing Production is not Prototyping, some processes do not scale

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Injection Molding Usually contracted out Assembly concerns

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Composite Material Processing Contracted out or in house. Economics of scaling production

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Electronic Assembly Flex circuits? ASIC/FPGA? Peltier combined with air bladder, micro flow control, ……

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Production Facilities:Lease or Own Zoning Siracha? Materials:Raw or processed? Machines:Energy/Tools/Chemicals PM’s, downtime, backups Automation? Waste/Recycling/Compliance w/……

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Compliance: Depends on …… Certification of incoming materials Certification of contracted suppliers Certification of final product Documentation Costs

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January 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. nce/PostmarketRequirements/QualitySystemsRegulations/defaul t.htm#applicabilityhttp:// nce/PostmarketRequirements/QualitySystemsRegulations/defaul t.htm#applicability (Overview )

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January ISO Certification ISO 9001, ISO 14001, ISO 27001,….. More costs More required documentation

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Now Back to Production Labor:Staffing: Line: trained monkey or skilled craftsman Assembly: human or machine Support: engineer or journeyman Training/Supervision/Turnover

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January QC:Personnel: training/time Equipment Documentation HR:Administration Benefits/Policies/Compliance Documentation

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Out the Door: Packaging Shipping Customer Service: Service/Support/Warranty

UTSA Colleges of Business and Engineering TAKE YOUR TECHNOLOGY TO THE LIMIT! Manufacturing Cost Considerations CITE BootCamp January Questions