IDEA: Get outside bids on parts you make inside. How competitive in the market are you?
Take several products you currently make and go find similar competitor companies to bid on their outside manufacture. You need to know what the market is for these parts before your customer tells you one day in the future that your price is too far over market. Obtain several bids and consider foreign suppliers versus domestic companies to compare costs and quality. Are you still competitive or do you have problems to work on?