Coming up with and idea for a new product is only the first step in the process. The biggest issues will focus on getting the right contract manufacturing services as these companies will have a direct impact on the final product as well as the speed of the production process.
Ideally, look for contract manufacturing services with experience in your industry. The top companies may have specialized teams and divisions that handled a wide range of different services from medical device contract manufacturing to electronic components or those in the military or aerospace industries.
There are some very easy mistakes for new companies to make when going through the process of selecting a contract service for manufacturing. To pinpoint the areas that are often problematic, at least for the first-time production, here are some common issues.
Mistaking a Great Website for Actual Experience
You would expect a top company to have a very impressive website. However, a very impressive website doesn’t always mean a top company. Take the time to look for references and information outside of the website for information on the company.
Top companies offering contract manufacturing services will have specific information as to the services they provide, the industries they work in and the past manufacturing they have completed.
Not Reviewing the Contract
The best contractors will take the time to work with you to create a specific contract for the work that is to be performed. Each service will be outlined, including any specifications and to what standards or regulation production will be maintained.
Take the time to review the contract and to look specifically at what the company is offering. There will be differences in the contracts, and some can be substantial.
Choosing on Price
Never make the mistake of choosing a contract manufacturing company based just on the bid price. Instead, make sure to evaluate the company’s reputation, value-added services and their experience in deciding if they are the right match for your production needs.
