In this episode of the podcast, we discuss Non-Recurring Engineering costs for manufacturers. As the name suggests, these costs are usually one-off and are what it takes to get your product into production. These costs are perhaps better … [Read more...]
What Are Your Non-Recurring Engineering Costs for Production in China?
Many importers want to have their own (customized) products made in China. One common mistake they make is forgetting to calculate the entire project costs. In particular, they forget about Non-Recurring Engineering (NRE) costs -- many … [Read more...]