My company had products with custom plastics. For us it's just non reoccurring engineering (NRE).
What's to like about outsourcing it. It's parallelizable so you can work on your core competency while they work. Core competency, this is your angle that allows you to make money. How to lose money, working on stuff outside that. They get it done faster and without fuckups. And the outputs are something you can just give to a manufacturer. If there is an issue the two of them hash it out not you.
Only thing not to like is the wad of cash you need to cough up. But really if you don't have that you're hosed anyways. And paying to get revenue coming in a couple of months sooner is so worth it.
What's to like about outsourcing it. It's parallelizable so you can work on your core competency while they work. Core competency, this is your angle that allows you to make money. How to lose money, working on stuff outside that. They get it done faster and without fuckups. And the outputs are something you can just give to a manufacturer. If there is an issue the two of them hash it out not you.
Only thing not to like is the wad of cash you need to cough up. But really if you don't have that you're hosed anyways. And paying to get revenue coming in a couple of months sooner is so worth it.