For contract manufacturing projects that aim to produce a product, project cost includes the overall works in design, engineering, manufacturing, quality, project management, and supply chain management. Within each of these categories, work can be divided into many sub-sectors with even more specialty tasks that intertwine with each other. Management teams try to put a budget on the project based on their best estimate. However, there are still many gray areas in the details of each task where decisions need to be made based on skills and best known methods (BKM). Without doing so, this is where the Snowflake Effect can be seen.
You’ve placed an order and you’re ready to get your custom product manufactured. Now what? What are the next steps in the process?
After an order is placed and confirmed, E-BI will dedicate a project team to your product. They will hold a kick-off meeting to discuss the timeline and product manufacturing specifications, such as detailed Bill of Materials (BOM) lists, Continue reading “How is a Batch of Customized Products Manufactured?”
In the modern age of business, technology has made the world more interconnected than ever. This interconnectedness creates many new opportunities. Companies can now source from virtually anywhere in the world, and can create more efficient international supply chains. A company with international relationships, if applied properly, can have distinct competitive advantages such as lower material cost, operational costs, more equipment, labor, and manufacturing expertise. As a result, it can dedicate more effort to their core business.
What is the cost of international logistics?
International logistics is quite different from those of familiar domestic shipping because the cost includes the fees of goods going through the border of at least 2 countries twice. The goods have to exit one country, and then enter another one. The cost is then further complicated by Continue reading “How to Reduce International Logistics Cost”
Hiring a contractor to manufacture your product can seem like a daunting task. We’ve outlined a few things to keep in mind to help make sure your contractor is the best one for you. Continue reading “Contract Manufacturing 101: Hiring a Great Contractor”