How do you find the right manufacturer overseas? How do you know it’s the right fit? If you’re looking for turnkey manufacturing solutions, contact Turnkey today! We’re sourcing agents in China with connections to thousands of factories across the country, so we can help you find exactly what you need and build long-lasting relationships with our suppliers. Learn more about why turnkey manufacturing is the right fit for your business by reading this article!
Lower Cost
One of the primary reasons that entrepreneurs choose to outsource manufacturing overseas is to save money. While it’s true that it can be cheaper, buying a turnkey manufacturing line can end up costing you just as much in overhead. A lot of people assume that an overseas partner takes overall responsibility; when it comes to a turnkey line, you’re still paying for materials and components, shipping and logistics, quality control, and other important elements.
Product Quality
One of the major benefits of turnkey manufacturing is that you won’t have to be bothered with producing your own products. This can save time and money, because, without an in-house manufacturing facility, you’ll be outsourcing the work to a factory.
It can be expensive and difficult to make your own products, but with turnkey manufacturing, you’re guaranteed quality control with one trusted partner handling production. The factory will accommodate your orders and specifications to eliminate errors or defective products—not only damaging customer confidence but costing a lot of money in refunds and replacements.
Shorten your Development Cycle
Turning to a turnkey manufacturer may be your best choice if you’re looking to get something new on shelves or online quickly. Once you choose a manufacturer, you’ll receive everything from finished goods to packaging and shipping materials.
You can buy in volume and ask for small tweaks as needed—or ask them to customize items with your brand logo or colors. Plus, once you have an established relationship with your turnkey company, it’s easy to reorder with minimal effort on your part. If getting a product out fast is what matters most, look no further than turnkey manufacturing companies.
Focus on Core Competencies
A common misconception among first-time entrepreneurs is that they need to manufacture their own products in order to compete. The reality, however, is that companies are better off focusing on what they do best and outsourcing production tasks to third parties or with the help of China sourcing company.
A turnkey manufacturer helps you focus on core competencies like R&D, marketing, distribution and sales while relieving you of burdensome responsibilities like supply chain management or logistics operations.
It’s hard enough running a business as it is—you shouldn’t also have to learn how to manufacture your own products! There’s no sense in reinventing a wheel when there are people out there who can build one for you.
Better Decision Making & Faster Time to Market
You don’t have to spend weeks or months buying parts, sourcing sub-contractors, and organizing teams. You don’t have to invest in expensive machinery or try to make a complicated supply chain work with various third parties.
With turnkey manufacturing, you know exactly what it takes to launch your product and can get up and running quickly without learning too much about any one aspect of production. And if things go smoothly, you could be in production within days or weeks instead of months—leaving you time and resources to focus on marketing, sales, and customer service…you get the idea.
Being able to start moving your vision from prototype into reality is really important at any stage of business growth.
Increase Profitability
Starting and running a successful business doesn’t come easy. It takes time, planning, and careful execution to build a thriving enterprise, so it’s natural that you want to do everything in your power to avoid wasting money. One way to cut costs and increase profitability is through turnkey manufacturing.
With turnkey manufacturing, you don’t pay for any of your production up front. Instead, you only make payments after you’ve received and approved your completed order form a third-party manufacturer. This can help companies enter new markets without having to commit hundreds of thousands or even millions of dollars upfront.
Wrapping up
If you’re planning to launch a product, or if you’re looking to produce an existing product at larger volumes, then turnkey manufacturing could be right for your business. It can also be a great way to shorten production time and get to market faster while eliminating risk.
We work with companies across a range of industries, from eCommerce retailers and direct-to-consumer brands to tech startups and Fortune 500 companies. Our procurement company in the USA offers flexible pricing based on both volume and scope of work—and can help you manage production from prototyping all the way through mass production.