Choosing the Right Contract Manufacturing Partner In the dynamic world of product development, choosing the right manufacturing partner can be a game-changer. It’s a decision that can significantly impact your product’s quality, cost, and time-to-market. Contract manufacturing companies offer a solution. They provide the expertise and resources to produce your product, allowing you to focus…
Exploring the benefits of Custom Manufacturing In the world of product development, custom manufacturing holds a unique position. It’s a process that allows businesses to create products tailored to their specific needs. This approach differs significantly from mass production. It offers a level of flexibility and personalization that’s hard to match. But what…
Sourcing Opportunities in China: A Strategic Insight for Global Procurement Published by: International Product Solutions (IPS) Website: www.customproduct.com Executive Summary China has established itself as the world’s largest manufacturing hub, offering unparalleled production capacity, diverse industrial clusters, and a highly developed supply chain ecosystem. With expertise in electronics, automotive, textiles, and heavy machinery, China remains…
A Guide For Turning Household Product Ideas into a Reality Do you have a household product idea? If so, you are already halfway to bringing a revolutionary product to market. However, transforming that idea into a tangible, ready-to-distribute product is where the challenge lies. This is where partnering with a product development and manufacturing management…
Benefits of Contract Manufacturers for Crowdfund Startups In the exhilarating world of crowdfunding, turning a brilliant idea into a tangible product is the ultimate goal. You’ve launched a campaign, attracted backers, and surpassed your funding goals. But now, a critical question looms: How do you transform this success into an actual product that meets expectations…
Minimum Order Quantity (MOQ): How It’s Used When placing orders with product suppliers, businesses need to know the quantity of what they need. Many product sourcing companies set a minimum order quantity (MOQ) that ensures the supplier is also profiting enough off of the products manufactured. While the product supplier needs to benefit off of…
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 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? 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 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…
