The journey from idea to the actual launch of a new product is a long process that requires the collaboration of multiple parties. The manufacturing partner is quite often the party that fails to hold their own weight.
The truth is that many businesses tend to overcomplicate their supply chains. Unless they are taking in hundreds of millions of dollars in revenue, most don't make it a top priority to simplify their global supply chain, especially if...
An article on the Chron states, “the best way to increase your profit margin in manufacturing is usually to lower the product's manufacturing costs rather than increasing the price of the product.”
However, how do you achieve a lower manufacturing price without jeopardi...
Special thanks to Business.com for posting this article first.
Regardless of what you are selling, when it comes time to make your product, there is one thing all manufacturers will ask you for: a bill of materials, or BOM.
The evolution in online business has opened up new opportunities and new business models that are becoming increasingly popular. And for a reason. If you’ve been considering scaling up your business to take on global online sales, you...
Transforming an idea into a physical product and into the hands of the masses can be challenging for a new entrepreneur. You don’t need to make the journey alone. Find out how a strategic partnership can provide you with the expertis...
