Balancing performance, reliability, and cost-effectiveness can be tricky when relying solely on internal engineering teams.
Outsourcing to a specialist consultancy like ours however, offers a powerful advantage.
At Ignys, we deliver electronic engineering solutions that transform your products, profit-margins and processes through value engineering and strategic cost reduction.
Making you more competitive and directly improving your bottom line, without the overhead and risk associated with building in-house resource.
This is how…
Value Engineering
Value engineering is a systematic method of analysing the functions of your product or system to identify opportunities for performance improvement and cost savings. We focus on delivering the best possible value by rethinking your product design, refining specifications, and eliminating unnecessary costs, while ensuring that quality and functionality remain uncompromised.
While a redesign might sound like an scary and expensive proposition, it needn’t be.
This could involve something simple like redesigning a circuit board for improved efficiency, selecting alternative components with better cost-to-performance ratios, or streamlining a product’s architecture to reduce manufacturing complexity.
The goal?
Achieve the same or improved performance at a lower total cost.
Cost Reduction Without Compromise
One of the main challenges for any product-based business is managing the Bill of Materials (BoM) and manufacturing costs. As products evolve, component prices fluctuate, and designs become more complex, costs can creep up – often unnoticed.
We can conduct detailed BoM reviews to identify high-cost areas and propose alternative components or suppliers that meet your functionality and quality requirements at a lower price point. In some cases, a slight design tweak can significantly reduce assembly times or simplify testing procedures—leading to further savings down the line.
We work with some amazing suppliers, by leveraging their insights and buying power, we help our clients secure better deals and avoid obsolescence, which can derail production and inflate costs unexpectedly.
Why Outsource Instead of Using In-House Resources?
Investing in internal engineering teams is the goal for many organisations, for obvious reasons. However, maintaining a highly skilled in-house department comes with significant overhead. There’s recruitment time and costs, training, benefits, ongoing professional development… and then you can double that cost in the event of a mis-hire.
Also, in-house teams can lack exposure to the breadth of projects and business insights that a consultancy like Ignys gains by working across various industries and technologies.
A consultancy gives you access to a pool of varied expertise, including specialists in embedded systems, high power electronics, IoT, and compliance. This flexibility allows you to scale resources up or down based on project needs, without the long-term commitment and cost associated with permanent staff.
Moreover, outsourcing helps accelerate time-to-market. With dedicated project management and proven processes, we deliver faster results, enabling you to reach profitability faster, capture opportunities and build revenue sooner.
Maintaining and Growing Your Margins
By reducing your product’s BoM or manufacturing costs through expert engineering, you can protect or even expand your margins.
The savings we help you achieve don’t just benefit your current products, they create headroom for future innovation, investment, or pricing flexibility, strengthening your business holistically.
To Sum Up…
Partnering with us for your electronic engineering needs means more than just outsourcing a project. It’s about gaining a competitive edge through smarter design, optimised costs, and expert execution. By focusing on value engineering, we empower your business to maintain and enhance profitability while freeing your internal teams to focus on core competencies and financial goals.
Want to find out more?
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