Hello, the future boss! Have you ever thought of turning your specially designed product into reality? Even if that is a thrilling experience, it is always a great challenge to spot the right beginning. The very first and important step of your journey to build your dream product is determining the factory that would manufacture it.
This article will be your best friend in this endeavor, explaining how to search for the proper factory for your product. It includes how we will assess your needs all through to how to deal with the factory to guarantee your product a success.
Let’s dive in!
Knowing Your Product and Manufacturing Requirements
Before anything else, you have to have a clear perception of what your product is and what is required to produce the product. Closely study the materials used to create your product, the way they were designed and developed. It is also immperative to estimate the production quantity and the targeted price.
Begin with your own research of the product and its market – what is the demand, who is your potential audience, how does your product stand out from the competition. Knowledge of your product and the industry in general will help you when making a decision between two factories.
To compare the manufacturing options for the selected product, it is necessary to conduct a primary research.
There are several ways to manufacture your product: either in-house, by employing a contract manufacturer, or through print on demand services. Look into these options as well as their advantages and disadvantages for use and design a best-fit for your case.
Possible consequences determine depending on the production volume, budget, time frame before making a decision. For instance print on demand might just suit niche designs or designers who do not require a large number of prints. However, if you are to produce more, contract manufacturing or even setting your own manufacturing company could be the answer.
Keywords: CM, POD, PV, internal, economical
Selecting Potential Manufacturing Partners
After you’ve worked out the manufacturing strategy, the next step will be to find factories to work with. Where do you begin?
Primary start by doing a web search using keywords likely include; [Your Product] manufacturer, [Your Product] factory, or [Your Product] production. Other sources of information may include interactions with other business people, business and trade fairs or any other recommendation to one’s factory.
Do not underestimate the value of comments and feedback on the Web to understand how efficient a specific factory is.
Assessing and Selecting Candidates of Manufacturing Partner
When you have a list of possible manufacturing partners on your hands, it is now time to assess your choices. Consider the following factors when making your decision:
Production capabilities: Are there equipment and experienced personnel? Can the factory meet the standard of the product you want them to produce?
Quality control: It is also interesting to know if the factory is able to maintain a constant production of quality products… How are they managing quality control procedures?
Communication: Does the factory have a traceable contact address and does it communicate well with the outside world? Cohesion is a derivative of the communications made within the team and therefore should be efficient.
Pricing: However, do not let this be your only guiding factor; take time to analyze the amount each of your manufacturing partners is charging you.
Location: When choosing the factory that is right for your business, evaluate its location in regards to your niche market because this factor affects shipping costs and lead time.
Keywords: production vintage, quality assurance, information exchanges, cost structures, site selection
Building the Partnership with Your Factory
The second process is the development of a productive relationship when selecting a manufacturing partner. Have a first face-to-face meeting or a phone call if the client wants to know details about your product, your requirements to provide production, and your expectations. Be very specific on what you want done and you always ask about the factory’s workflow and capacity.
It is important to sit down with your factory and come up with a schedule in developing the production schedule for the intended production. Find out how they organize themselves in regards to quality control, revisions, and multiple production runs. Effective partnership building is not a one time occurrence, so be patient and keep good effective communication during this step.
Quality control and inspection can be defined in two ways, for one it’s the process of monitoring the production of goods in order to ensure that they meet industry standards and others.
In the production line, it is common to find that the quality of a product varies from one produced to another. Explain your desired degree of quality to your factory at the beginning of your business relationship, and perhaps, use a quality control list. This will ensure that products are at the right quality and any problems are fixed very early hum.
You could also decide to engage a third party inspection agency to conduct inspections at some or all of the production milestones. This can offer a third-party evaluation and assist you in keeping an honest relationship together with your factory.
Keywords: Schedule, rapid evaluation, independent survey
Manufacturing, Quality assurance and The process of putting the products into nn appropriate condition for use.
Once you’ve built the relationship and ensured quality assurance, you can start on the production line. During this time it is important to keep abreast of production schedules and updates on the factory floor.
As soon as you finish your product, run it through countless tests to verify it’s exactly what you want it to be and doing what it’s supposed to do. Products packaging is also very important and it needs to be safe, effective, protect the product and, of course, agree with your company’s brand.
Logistics and Distribution
Once you are done with the testing and packaging of your prized product then the next crucial step is logistics. Consult with your factory and find out the most appropriate transportation option to use to get your products to the targeted market segment. Expect that you’ll need to organize shipping and customs paperwork and think about whether or not to get insurance.
Keywords: Chosen shipping company, remaining production schedule, papers required for import/export and insurance.
Conclusion
Identifying a good factory for production of your product is actually a complex and time consuming activity. However, by studying the feasibility and potential of the different available choices, gaining acquaintance with the selected factory and organizing communication with them in the course of production, one’s product is destined to succeed.
Let me remind you soaring doesn’t stop when the product is out on the market. Continue selling to the customers, continue improving your product, and look for new ways of manufacturing your product. And that is certainly a long way from the beginning of the dream of creating a one-of-a-kind product to sell.
It is said that you should never stop being curious, learning and enjoy the process! Thank you for sharing in this journey and good luck on your entrepreneurship journey.
