How to Find a Manufacturer to Make Your Product You have a new product idea that you think would be a profitable addition to your existing or new business. Now what? Most startup, small, and local businesses do not have the means and operations to take product manufacturing in-house. It requires expensive equipment and skilled…
Original Equipment Manufacturer: How to Work with an OEM
Original Equipment Manufacturer: How to Work with an OEM Is your business in need of a custom or part or series of parts in an assembly? Partial or completely custom consumer product? Perhaps your product could be made better if you just had one specific part or modification. An OEM offers specialized or custom components…
What Is Private Label?
What Is Private Label? A private label refers to a product sold under one company’s brand that was manufactured by another company. This involves a unique manufacturing process that will not be found being used by any other companies offering the same or a similar product. For example, a golfing store will not be able…
Customer Centric Product Development: Addressing Needs with New Products
Customer Centric Product Development: Addressing Needs with New Products What Is Customer Centricity? Being a custom-centric business requires putting the needs of the customers first. Custom centricity prioritizes the customer’s needs when making business decisions. These decisions on delivery methods, products/services, and even branding decisions. All of the decisions are made with the goal…
Made in Taiwan Products: Manufacturing Guide for Businesses
Made in Taiwan Products: Manufacturing Guide for Businesses The United States has a strong relationship with Taiwan when it comes to manufacturing. In recent years, it continues to grow as a leading manufacturing country. For 2024, Taiwan’s manufacturing market is expected to grow at a rate of 2.32% with a projected $205.30 billion in USD….
Pros and Cons of Manufacturing in China
Pros and Cons of Manufacturing in China Manufacturing in China has long been a strategic choice for businesses looking to optimize production costs and scale operations efficiently. The country’s vast manufacturing infrastructure and skilled labor force make it a global leader in various industries. However, outsourcing production to China comes with both advantages and…
Design Perfection from Inception to Save Costs
Design Perfection from Inception to Save Costs Why good design is important for your products’ success. In the fiercely competitive world of product development, an impeccable design can make or break your success. Design flaws not only lead to financial setbacks but also damage your brand’s reputation. This is where seasoned design companies like…
Product Design Process: A Guide from Concept to Manufacturing
Product Design Process: A Guide from Concept to Manufacturing Embarking on the journey of bringing a consumer product to life is an exciting endeavor, but it requires careful planning and meticulous execution. Whether you’re a seasoned entrepreneur or a first-time inventor, these steps are the same. Let IPS help you navigate the process, each step…
Pitfalls of Alibaba for Sourcing Product
Pitfalls of Alibaba for Sourcing Product Buyer Beware! In an increasingly globalized marketplace, businesses often turn to online platforms like Alibaba to connect with manufacturers and import products from overseas. Alibaba, one of the world’s largest e-commerce platforms, has gained popularity due to its extensive network of suppliers and competitive pricing. However, while the…