DESIGN REVIEW / CONTRACT DEVELOPMENT SUPPLIER ASSESSMENT

Assignment:

As part of a due diligence effort surrounding the acquisition of distribution rights to a product utilizing a newly developed detection technology, a Fortune 100 company needed an objective evaluation of the development status of the product in question. The client also wanted an assessment of the third-party product design firm that had been contracted by the inventor of the detector technology to develop the instrument.

BMG was hired to perform a detailed Design Review of the instrument development program, and to provide an objective assessment of the ability of the contract design firm to complete the project on schedule.

Approach:

Immediately following confirmation of this assignment, BMG and the client discussed the general project background via teleconference. Additional background information provided by the technology owner and the third-party development firm was reviewed by BMG in preparation for assessment site visits.

BMG, with the client, made separate joint site visits with the technology owner and with the development services firm. BMG led each group through detailed Program / Design Reviews of the instrument development program.

A comprehensive written report was delivered to the client, detailing BMG’s findings and areas of concern. The report also included a recommended course of action for the client to follow to minimize risk areas of risk identified by our study. The written report was supported by a follow-up teleconference with the client to discuss BMG findings and concerns.

With the approval of the client, copies of the report were submitted to both the technology owner and the instrument developer. Both parties indicated that they were in full agreement with BMG’s findings and recommendations, and expressed appreciation for both the fairness and thoroughness of BMG’s assessment reviews.

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