How to find the best manufacturer for your business
When you set up a new business selling products of any kind, finding suppliers or manufacturers will be one of your first and most important tasks. It goes without saying that turning your product into a reality is the most crucial step in bringing your creation to life and starting a successful business. But, finding someone to make your product can be challenging. After all, you are putting trust in someone else for an integral part of your business. There can be plenty of choices -sometimes too much choice – when you are looking for suppliers.
You will need to consider a number of factors. Do you want small and local, or do you want large and global? What sort of budget and timescale do you have in mind? Are there any ethical or legal issues to bear in mind? All of these depend on your business. Before you settle on a manufacturer for your business, make sure you know how to choose the best one with these tips.
Look in the right places
Where are you beginning your search for a manufacturer? If you have never had to look for a supplier before, you may not have any idea of where to start. We suggest that you start online. Depending on the industry that you are in, there may well be online databases containing lists of or other suppliers and distributors. Do not underestimate the power of search engines such as Google -think about entering keywords such as the industry type or location. We will send you lists of distributors and suppliers with information to help you find out more and get in contact with each other. Referrals from other people and word of mouth recommendations are also a good idea.
Choose one with experience in your field
There are manufacturers out there that produce a wide range of products using various manufacturing processes. If you want a manufacturer who is capable of a broad range of functions and operations, they are the ones that you want. However, some focus on one area or industry in particular, such as private label supplements. They usually have more experience in your chosen field, and you can be more confident that they know what they are doing for your business.
Get a range of quotes
We all want to get the very quality value for our money -after all, profit is what business is all about. That does not necessarily mean that you should go for the cheapest option as sometimes, that can be a false economy. As the saying goes, buy cheap, buy twice! ⠀ Sometimes, if you want to be the very top of your market, you need to be willing to pay more for materials and manufacturers. Before you settle on a manufacturer, collect quotes from a few of them, as well as ordering samples, compare prices and quality, and find the best deal for you.
Ask the right questions
There are many questions that you can ask manufacturers to make sure they are the right ones for you. To start with, you will need to know what the minimum order quantity from them is. It would help if you also asked about the time of turnaround and the terms of payment. Asking these questions can make you get a sense of how well the manufacturers will communicate with you. Any issues getting the messages across at this stage might be an early red flag to look elsewhere.
Ask for references
You wouldn’t give a job to someone without getting a reference, so don’t give one of the most important parts of your business away without doing some digging. Get in touch with some of the clients that your prospective candidates have worked with or are currently working with. You’ll get a good idea of what it’s going to be like if you choose to work with them. Find out what other clients like best in working with them, and what problems they have faced if any. Don’t be afraid to be direct and ask if they would recommend them. Also, have a look online to see if they are on the Better Business Bureau, or they have any social media pages – if so, what are clients saying?
Make sure you take time and care over choosing a manufacturer. It is an essential part of your business; get it wrong, and your reputation could literally go down the drain. Ask questions, get samples, and make sure it feels right before committing to anything.