End Hype: Product Entrepreneurship For Impact

Finding and Vetting Suppliers and Manufacturing Partners

June 01, 2021 Callye Keen Season 1 Episode 70
End Hype: Product Entrepreneurship For Impact
Finding and Vetting Suppliers and Manufacturing Partners
Show Notes

Make ideas into products at any volume.

Story

I was negotiating a deal with a new customer. The size of the order was large enough we could not meet the demand. We could manufacture and assemble all the custom parts.

The purchased components had high costs and long lead times. In some cases, we used more of the product than was widely available in the US.

I told the customer I would get on a plane, fly to China, and source the components. No distributors. No resellers. We would create a better supply chain to deliver what they needed.

A week later, I was in China.

Why did I offer this?

How did I know I could do it?

I had already built a skill and understanding and process for sourcing. I made products with suppliers all over the world.

Summary

Move beyond tinkering. Move past prototyping. Create quality products at volume. 

  • A step by step process to find a manufacturer for your product
  • Strategies for vetting potential partners and spotting red flags
  • Critical tips for managing the supply chain for long term results 

Finding Potential Manufacturers

Define the product and service you need. Suppliers offering single manufacturing processes are different from contract manufacturers. The right supplier can produce your product in one place.

Searching Alibaba or ThomasNet is how most people find manufacturers.

We have a next level tactic giving better results in far less time. Finding manufacturing suppliers can be easier.

  • How to find a manufacturer for my product in the US?
  • How to find a reliable contract manufacturer in China?
  • How do you know if they can produce your product?

The Vetting Process

Good manufacturing companies are hard to find. Most suppliers are not flashy on social media. The business owners do not create massive brands. Vetting factories requires a process.

  • How to determine if an Alibaba supplier is legitimate?
  • Do they produce similar type of product?
  • How will they protect your intellectual property?

Managing the Supply Chain

Working with overseas manufacturers or people down the road is not as simple as demanding they make stuff. It also is not as complicated as corporate supply chain management want it to be. 

  • Why are suppliers not responding to my requests for quote?
  • How can you trust suppliers with large product orders?
  • How can startups build strong supplier relationships?

For more information on product launches, growing your business, and our community, visit www.redbluecollective.com