This report outlines the key criteria that sourcing and vendor management (SVM) professionals can use when helping product development teams during the selection of a product development services (PDS) provider. While it may be tempting to use the same approach you would when buying IT services such as outsourcing, diligent SVM teams will discover that the unique nature of product development makes that approach inappropriate. This report provides SVM professionals with an outline of the key characteristics to consider when selecting a product development services provider.