Most businesses don’t need to set up their own high-end manufacturing plants to offer their products to customers. Instead, it’s much cheaper to outsource the production of your goods to a manufacturing company. In Big Pharma, companies often scale using CDMO for biologics. However, this is still an enormous financial commitment for most entrepreneurs, meaning that a wrong decision can easily lead to issues and eventual bankruptcy.
Although there is no fail-proof formula for choosing the correct high-end machinery manufacturing plant, there are certain essentials that you should look for. These vital factors are mostly universal. That means that they’ll be important no matter if you plan to outsource the production of a basic 4×4 CNC router or an industrial 3d printer. Read on to understand what to focus on to select the best plant for your needs.
1. Good Location
Location is a crucial factor when it comes to choosing your future high-end machinery manufacturing plant.
You should choose one that has easy access to major transport routes. A plant that only has a few double-lane roads and no rail connection will experience constant stoppages and supply chain issues. This in turn might raise your manufacturing costs and even cause anger among your customer base if you’re consistently unable to satisfy the demand for your products.
Furthermore, the location heavily influences the price of manufacturing. Starting the production of your goods in a plant located in a capital city is going to cost you more than in a plant on the outskirts of a small town. What’s more, the country it is located in matters too. After all, there is a reason why many successful companies outsource their production to plants in developing regions – the labor costs there are much lower.
2. Experience in Manufacturing
There are many factors influencing the reliability of your products, but the experience of your manufacturing plant is usually second only to the quality of used components. One way to determine the level of experience a plant has is to take a look at its age – a plant that has only recently started its operation likely didn’t have the time to make its personnel fully versed in different manufacturing processes.
Instead, look for plants that have a long tradition and thus benefit from a well-trained and experienced workforce at every level – from machine operators to management staff.
You should also prioritize plants that have experience in your product category, particularly if you are planning a new product introduction and do not want to disappoint your future clients. A manufacturing center with a history of assembling CNC devices will be a better choice for the production of your new 3d printer than a plant previously manufacturing digital alarm clocks.
3. Quality Control and Quality Assurance
The high-end machinery manufacturing plant you choose should have several quality control and quality assurance mechanisms in place. These are vital when it comes to the production of high-quality goods, as any defects can cause serious problems for your customers in the long run. For example, a simple mistake during the assembly might cause the device to start malfunctioning soon after purchase or worse, make the device completely useless right from the start.
It’s essential that the plant regularly inspects both the goods and the manufacturing process used to produce them to ensure that no defects are present in the final product. It’s also good if the plant has an in-house team of dedicated inspectors who can double-check all elements instead of hiring outsiders. This will save you money in the long run, as external inspectors might cost more.
4. Constant Improvement
Your high-end machinery manufacturing plant should be constantly striving for improvement. The quality of its products shouldn’t be static – it should grow with the company and eventually lead to a state of near perfection. This is made possible by a constant effort from the plant’s employees to improve their work and the quality of the final product.
One way of doing that is by introducing new technologies and manufacturing processes. This not only improves the quality of your goods but might even reduce your costs. For instance, newer assembly tools might be much cheaper to operate than the old ones, while a better manufacturing process usually streamlines the production of your goods and possibly even reduces material wastage.
5. A Wide Range of Capabilities
It’s not enough that a plant can manufacture the end product.
The high-end machinery manufacturing plant you choose should also have a wide range of other capabilities that can be used to improve your existing line of products. For example, a good plant will be able to rapidly create prototypes of any future products without significant delays.
Ideally, it should also be capable of creating many of the components in-house. This simplifies supply chains and lowers the costs of getting your goods to market. If the plant is manufacturing CNC machines, there is no reason why it shouldn’t be capable of milling and welding its own frames instead of relying on pre-produced elements.
It also makes it easier to verify the quality through rigorous testing and inspections, as many components are in one place instead of being purchased from dozens of sources.
Choosing the right high-end machinery manufacturing plant is crucial to the success of your business. The plant you choose will be responsible for delivering your final product to customers, and thus it’s important that they can provide high-quality goods in a timely manner.
The five essentials we just discussed should help you select the most reliable plant. Proper location is important to ensure that there are no significant stoppages or supply issues and has a significant impact on the price of manufacturing.
Experience is another vital factor, as the workers in a plant with a long history will be more used to different manufacturing processes and know how to handle different situations. Good quality control and quality assurance mechanisms are necessary to limit any defects and production mistakes.
Constant improvement is also important to provide better quality as the production goes on and eventually even lower the manufacturing cost itself. Finally, a wide range of capabilities such as rapid prototyping or in-house assembly of certain components helps you further streamline the manufacturing process and verify quality.
By now you should have a much clearer understanding of what to look for when selecting your high-end machinery manufacturing plant. Hopefully, with these tips, you’ll have no issues choosing the best plant for your needs! Good luck!