One of the most underappreciated aspects of making hardware is supply chain management. Many good startup ideas died due to failures, mostly by inexperienced entrepreneurs, trying to make a hardware product and failing miserably with supply chain. Often times, entrepreneurs can make a decent prototype, or product demo, but making that prototype into a design that can be manufactured at scale, cost effectively, is a rare trait at many companies in the market today.
Ben Bajarin is a Principal Analyst and the head of primary research at Creative Strategies, Inc - An industry analysis, market intelligence and research firm located in Silicon Valley. His primary focus is consumer technology and market trend research and he is responsible for studying over 30 countries. Full Bio View all posts by Ben Bajarin