Your company has a great product, and as you focus on the marketing and sales aspect, it is very critical for your supply chain to align with your company goals.
A manufacturing company is capable of producing and assembling your product as per specifications. Hiring one will eliminate the stress and costs involved when you ensure that your products are finished and prepared to be dispatched when needed.
It can be a daunting task, though, to choose such a business partner. Anything regarding your supply chain reflects the image of your company, so see to it that when you enter into a partnership, it adds more value to your operations. To offer help, here is a list of critical features to search for in the manufacturing company:
Technology and Expertise
The first thing to do is narrow down your search to companies that are familiar with your industry. When a manufacturing company has experience in your industry, this may be an indication that, besides the expertise, they may have the machinery and technology necessary to manufacture your products. Not considering their preceding industry experience, ask if they have the technology you require.
Success: Form a list of questions to ask the company concerning their successes in the past.
The questions you can ask are:
What are the things you accomplished when making products for the industry?
Can you share some of your customers’ testimonials?
When you work with manufacturing consulting companies that are well-experienced, delivers high quality production and has high success stories, you may need to pay more. However, you can save money in the long run when you pay for quality service that you can rely on. Besides, you can probably avoid time delays, modifications and reworks that are commonly associated with offshore sourcing.
Required Certifications and Compliance
Request a list of certifications from the manufacturing company to ensure that they are certified and that they comply with the important quality levels or processes required by your product.
Think About Transport Options
Inspect the transport and freight services offered. Find out about any options that will help you save time and resources.
Make sure that your requirements can be met by your chosen business partner. Inspect the capacity of production and see to it that they can include your products in their production without adverse effects on their operations. If they accept more work than they can handle, the flow can affect all their clients (you included), resulting to slow deliveries or complete delivery failure. For example, if you need one million parts every year, check if they have the infrastructure and ability to produce your products. If you just need 10,000 units yearly, it may not be cost-effective or delivered on time since your order may be misplaced or considered low priority by a manufacturing company who is used to a lot of work. It is important to look for a contract manufacturer with enough experience in your volume needs, which can adjust to your requirements.