Companies often create products to meet consumer demand and generate income that acts, in part, as compensation for internal and external business stakeholders. A product delivery strategy is the process a company goes through when contracting with other companies to design and build products.
In construction, product delivery strategies are quite common between general contractors and clients. They view products as projects, and typically set up a system that involves defining the project, designing the product with the client and constructing the building according to specifications.
Delivery strategies may have a set of individual goals and objectives in each step of the process. This allows the process to run smoothly and remain flexible for requested changes. Consumer demand is typically the driving force behind delivery strategies since companies want to maximize income through meeting these needs.
Companies may need to use other businesses in their delivery strategy. This can occur at the design, production or supply chain stage. Outsourcing allows companies to save money by not investing in operations seen as secondary to their overall operations.