 Having a quick glance on these three key factors will help the manufacturing companies to outsource the product assembly service to a credible and experienced partner.
The fall has already rung the bell of its arrival and the Christmas is approaching towards us quite rapidly. Festivals are on its way! Every company and business is looking forward to excel their abilities and productions to meet the festive requirements quite successfully and achieve the best growth out of this session. While recruiting new people could be a deliberate approach to meet the needs, it certainly costs more to the company. So, is there any better way out so that both the purposes of increased production and lower management cost are served quite effectively? YES! Outsourcing the responsibility of product fulfillment is a wiser approach towards meeting the needs of increased productions by the company but who should you count on? It could practically be a nerve-racking experience to trust another company to deal with your product fulfillment needs but the decision of outsourcing the products assembly is not a “black and white” concept. The companies are now more willing to shed the extra baggage of various complicated and expensive product fulfillment aspects and concentrate on the proficient areas of production that they are capable of fulfilling successfully by themselves. But, finding out the right product assembly company is not a cakewalk especially when factors like the business reputation and customer relationship are at stake. Taking some simple yet useful factors into consideration at the time of outsourcing the product assembly service will allow you to reach the best company in the town. Here those are – #1. Having precise Idea about costing: Having a holistic understanding about the actual costs of in-house product assembling is critically important to outsource the responsibility to the right company. Simply comparing the direct labor and material costs with the proposed expense provided by the contract assembly service provider isn’t enough since, that doesn’t actually reflect the accurate costs of assembly of a particular product line. There are some other costs involved as well such as - fixed and variable indirect costs, warehouse costing, management and IT costing, shipping charges etc. While investigating for private level product assembly companies, it’s significant to consider these charges and a trustworthy partner should provide the details upfront. #2. Do they really practice what they preach? Generally, a wide range of services are offered by the outsourced product assembly partners but, you need to be accurate with your specific business needs. It is useful to look into the presentation of the company and research whether or not they practice what they preach. Also confirm that they are specialized in particular areas that serve your needs quite successfully. More so, it is also important to consider if their service follow a streamlined process to reduce the costs and eliminate the hassles. #3. The bigger isn’t necessarily the better: There are different sizes of Original Equipment Manufacturing companies and for a small sized OEM Company to depend on a too-large product assembly company may spell the disaster. For a larger assembly company, it is difficult to serve comparatively smaller contracts and under such circumstances, to make or break the business reputation and customer relationship will be up to them. Even if the initial approach seems fine to you, as time goes by, you realize that your company isn’t getting the required attention. So, it’s important to look for a outsource partner that fits for your needs in terms of size and shapes. Outsourcing the product assembly service isn’t an easy task to perform but taking the above furnished important aspects into mind at the time of hiring the companies help approaching the right people with exact needed qualities. Prompt Assembly & Packaging Inc. is a one stop outsourcing facility for over 15 years in Toronto, Canada. Use get started resources at Prompt for your next project.
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 Explore the benefits of outsourcing the product assembly service to a credible partner and how it eliminates the added hassles and extra expenses.
Modern business and its promotional concepts put a lot of stress to the product fulfillment. This helps developing credible brand recognition and most importantly, a satisfied customer relationship is maintained throughout. More so, this needs no further explanation that attractive sales figure requires equally enticing packaging and assembly of the products. But, accomplishing the needs often emerges with some sort of troubles on the company's end. Once we have an elementary concept about the possible obstacles faced during product fulfillment process, we will definitely be able to overcome them. The unavailability of efficient labors is a permanent crisis. The workload may vary depending upon the market demand and it’s pretty unfortunate with most of the companies that when there is boom in the production, there is actual scarcity of labors. Managing the balance is the key to deal with this situation. The aforementioned incident has a direct correlation with the overall costs of product fulfillment. Furthermore, other added expenses like; warehouse facilities, personnel, equipment, management etc. increases the overall costs manifolds. When put together, these factors actually distract the company core functionalities whereas; shedding these added troubles allows the companies to put the best concentration on their production. Well, various large and small industries are now outsourcing the product assembly service to crack the nut effectively. Here are some beneficial aspects of outsourcing fulfillment service and these factors contribute to an effective branding as well. · Divide & rule: Unless you are ready to divide the responsibility of your company’s production and assembly into different parts, things will only get tougher for you. Managing everything single-handedly will cost higher and maintaining an up-to-the-mark quality will also be on the line. While on the contrary, outsourcing the responsibility assures successful accomplishment of the same because the outsourced partners have qualified staffs to do the job. · Expertise through experience: The renowned fulfillment companies have been doing the task for over years and that offers them a huge experience on practical instances. Thus, the outsourced partners are capable of fulfilling more than one company’s product assembly service in a quite effective manner than the company themselves could have ever done. Most importantly, it offers great savings as well. · Reduced overhead: Managing the labors and staffs is always complicated from the company’s perspective but, outsourcing the fulfillment responsibility to renowned partners, you are free from that accountability. Those companies have trained and dedicated professionals to take care of your product assembly needs. · Safety comes costly: In order to maintain safety for the products, the companies need to pay for safety training, certification and regulatory compliance measures etc. however the companies can eliminate the costs and the added hassles by simply outsourcing the responsibility to a credible fulfillment partner that has enough knowledge about how to deal with the processes successfully. · Fixed labor costs: Different products have different market demands and that also fluctuate significantly throughout the session. This makes hiring own staffs and warehousing quite difficult more so, managing the needs of more labors comes costly when the market demand of the product is significantly lower. That’s not the situation with the product assembly companies. They are dealing with various company needs and the fluctuation of your product’s demand doesn’t really have any impact on them. You see, managing the product assembly and fulfillment gets lot easier when the responsibility is outsourced to a credible and experienced partner. But, you need to be attentive towards these particular attributes while hiring an assembly company. Prompt Assembly & Packaging Inc. is a one stop outsourcing facility for over 15 years in Toronto, Canada. Use get started resources at Prompt for your next project.  These essential 4 aspects of any business can be easily outsourced to a third party for saving big on the company investment. And this is possible without compromising with the business ethics
Running a business successfully or setting up a new one in the present time is really a challenge to all the business owners. While in one hand this involves lots of hard work and serious efforts, on the other hand, the cost of the entire process often plays the role of the key obstacle. And it is not always easy to overlook the costs of operating a business. Some of the areas of any business that require the highest amount of investment include manufacturing cost, marketing and sales cost, administrative cost, establishment cost etc. Managing all these costs is important both for the start-ups and also for the existing companies. Failing to do so will hamper the reputation of your business and a new business will fill up the void. So, isn’t there any way out to manage all these costs and continue the business successfully? Yes, one of the most effective and tested way to cope up with these issues is to outsource the service. Here we will talk about 4 essential business aspects that can be easily outsourced to a reliable and reputable company. This will not only reduce the company cost, will help in the successful continuation of the business as well. So here we go. Manufacturing outsource Setting up a separate plant for the manufacturing of the products is always a big endeavor. Making arrangements for the equipment and machinery, raw materials, workers and also the establishment of the plant – all together this is a big investment. But if the responsibility is outsourced to a third party, you can get rid of all these hassles and in return you will have to give them money which is certainly much less than the earlier amount. Which is why outsourcing manufacturing service is in demand these days However, you can always keep an eye in the quality control to ensure the quality of the products. Product assembly This is another very important part of any business having a retail store or a commercial place for the customers. The decoration and display of the products or equipment is important for receiving positive consumer feedback. This has direct connection with the business outcome. When this responsibility is given to a third party, they can manage everything professionally. No matter if it is about assembling the products inside the store or fixing the furniture or other equipment, they have the solution for everything. They ensure at any cost to uphold the authentic aspect and exclusivity of the store. Human Resource This is another aspect that can be easily outsourced to a third party especially if the business is not so big one. The company you outsource the process to will take care of the recruitment process of your company. They also can take care of the payroll of the employees so that you don’t have to put your brain into this. This is really advantageous and the success rate of this process for businesses is also very impressive. Sales and Marketing The importance of this part for any business is immense which often restrict the business owners to outsource this process. But the results in most of the scenarios have been positive so far. These companies normally run the entire sales process on behalf of your business. From promoting the products, managing the orders, product sale and maintaining customer relationship; they perform each of these tasks carefully. And this eventually helps the overall sales of businesses. Outsourcing the business process is always a good option for saving a chunk of the investment for any business. But business owners should be careful about the selection of the company. The sincerity and professionalism of the company will decide the fate of the business to a large extent. Hire the company after doing a complete research. Prompt Assembly & Packaging Inc. is a one stop outsourcing facility for over 15 years in Toronto, Canada. Use get started resources at Prompt for your next project.  How to identify a genuine outsourcing company is always a concern for the business owners. Following these six factors will help them to get rid of their worries.
Outsourcing the business process is no longer an unnatural matter in the business world. For the greater interest of the business and to diminish the operational costs many companies these days outsource some aspects of their business. This may be product assembly, manufacturing, warehousing, customer handling etc. This is undoubtedly a very attractive way out to an otherwise difficult problem. But there is a flip side of every good thing. Relying on a company to manage your business process may turn out to be extremely detrimental. So, how to successfully outsource product assembly service or any other business aspect? Here are six key attributes of a genuine outsource service provider. 1. Years of experience While this is not the only criteria of choosing the outsourcing partner but this is certainly one of the key factors that reflect the expertise of the company. If the company has years of experience then it clearly says that the company has dealt with different kinds of businesses. And also the company has the experience of dealing with the different market conditions. So, always look for a partner with years of experience in the field of outsourcing. 2. Standard of service Even years of experience will not pay off if the standard of service of the outsource partner is not up to the mark. In fact this is the key aspect on the basis of which the relationship between you and your outsource partner will depend. Teaming up with a company that is capable of offering high quality packaging outsourcing service or manufacturing service or any other kind of service is always essential for success. Integrity, transparency in the operation, competent service will give your business the right acceleration. 3. Efficient team or workers The efficiency of the workers is another important thing that should be taken into consideration. A company is as good as its professionals are. And eventually, it is the performance of these professionals that will ensure the success of your business process. So, make sure that your outsource partner possess a team of well-trained professionals. 4. Flexibility to adapt changes Uncertainties or surprises are quite natural in any business and when you outsource your business to a company, your partner has to be flexible to adapt those changes with immediate effect. An ideal outsourcing company is always ready to adapt the business changes and successfully execute them. 5. Advanced technology The use of technology in the business is always a very important factor. The outsourcing company should have advanced technical features to meet the business requirements of the present competitive situation. When you know your business is being handled with state-of-the art technology and support system, you can rest assured about the success. 6. Ability to reduce cost The company you hire for outsourcing should always focus on reducing the cost of the business operation rather than adding extra digits in the balance sheet. This is another very important quality of the outsourcing company. If the key purpose of outsourcing your business which is reducing the expense is not served properly by the company then as a business owner, you should reconsider the association. Looking for these qualities in the outsourcing company will always help you identify the best company for your business process outsourcing. But these are not the only factors, as a business owner you can always consider other factors depending on the specific needs of your business. Prompt Assembly & Packaging Inc. is a one stop outsourcing facility for over 15 years in Toronto, Canada. Use get started resources at Prompt for your next project. Hiring temporary staffs for business is never a good idea for the success of any business. They bring with them a number of issues. Here are the most common issues.  In order to meet certain business requirements, businesses often consider hiring temp agency. But is this really a good solution when it comes to the question of success? Earlier experiences shared by various businesses are not indicating the same. There are a number of issues of hiring temporary staffs.
Lack of training This is an era of specialization and it is applicable in the professional world as well. Hiring temporary staffs in the business can never be the solution of this problem. Even though they are all trained but it is not necessary that they are specialized for any particular job. So companies must arrange for training. Lack of professionalism This is a serious issue that is experienced with the temporary staffs. Since they know that they have been hired for a temporary period, they often don’t indulge them in the job completely. So, there is always a question mark with the professionalism of the temporary staff. Lack of loyalty Expecting loyalty from a temporary staff is next to impossible. They know well their job and they know well that they will not be treated like the permanent staffs. So, they chose to stay away from any kind of loyalty to their profession. Ethical issues There is always a difference of ethics between the permanent staffs and temporary staffs. Temp staffs are not always driven by the same business ethics. They uphold a more casual approach to the job which is dreadful for a company’s success. Legal issues There are lots of legal issues of hiring temporary staffs. Right from their wages to the behavior towards them, everything comes under the scanner of the legal system. This takes a toll on the business atmosphere. Increased operating cost People, who are in the impression that this will manage company’s expenses, are completely wrong. Irrespective of the number of hiring, this always cost more to the companies. The cost of training; cost of wages and there can be many more depending on the companies. Difference in the attitude The right attitude towards the job is one of the prime requirements which temporary staffs lack most of the time. Staffs can be groomed or trained but they cannot be taught the right attitude. And the origin of this kind of attitude is the lack of professionalism. Difficulties with working as a team In every business, teamwork is very important and temporary staffs lack this quality to a large extent. They always find it hard to gel with the permanent workers or the vice versa. But eventually, the business suffers because of this. Question of trustworthiness Can you rely on the temporary staffs blindly? There is always a problem with the trustworthiness of the temporary staffs. They can never show the same amount of dependability like the experienced staffs. And for this, they need to give time to learn things. Lack of vision Unlike a permanent staff, the goal of a temp staff is for short-term. And when you plan for short-term, you actually miss the bigger vision of the company. This is exactly what happens with the temporary staffs. They basically have no vision for their job. Less interested in solving problems Temporary staffs are not good at solving problems or they are not interested in doing that. The only aim they have is to complete the term by any means. They consider this the job of the permanent staffs. Impact on the office atmosphere Employing temp staffs can have a large impact in the company atmosphere. The lack of involvement of them often disturbs the permanent workers. And on the other hand, temp staffs are treated like the second class citizen. Reluctant to take extra burden Unlike the permanent staffs, temp staffs are less interested in taking extra burden for the businesses. They do exactly what they are paid for and nothing else. To avoid all the hassles hire a professional and specialized outsourcing company. This will save your effort and money both. And most importantly, you will not have to compromise with the business outcomes. Preparing for the Holidays Rush during Christmas Season, is quite challenging. Successful companies outsource parts of their process including assembly, packaging and co packing to specialized firms like PROMPT. Here is why.  There’s been a huge transformation in the modern business concept and presently, businesses are more focused on the customer needs. This hardly requires any explanation that customer experience is of paramount importance for all businesses and that is greatly associated with an enticing product presentation. Along with good quality of the product an equally good packaging of them has become the foremost priority for the companies and that actually has developed the needs for product assembly and packaging outsourcing.
The idea of putting your trust on another business primly for the product fulfillment may appear to be an anxious subject for both the new entrepreneurs and veterans but running inventory management, order assembly and fulfillment and various others process simultaneously in-house may lead to a growing expense as well as headache. While on the contrary, outsourcing the assembly and packaging to a renowned and credible company will cut short the expense and workload significantly. Here are some advantages of outsourcing the product assembly and packaging service to a renowned company of the respective field: Reduced overhead expenses: This is one of the vital advantages of outsourcing the product fulfillment to another company. You need to bear with lots of extra charges for warehouse facilities, personnel, equipments, managements etc. unless you consider outsourcing the same. Perhaps, this is why small and even large organizations also prefer outsourcing product fulfillment. Experienced accomplishment: A reliable company provides similar packaging and assembly service to lots of other companies and manufacturers and thus they have mastered the ins and outs of the process which help them to deliver more effective and precise service in an efficient manner. This eventually makes successful and experienced accomplishment of packaging. It’s safe and hassle-free: You need to pay sincere attention to the safety measurements of packaging while on the contrary; hiring a separate fulfillment service provider omits the hassles regarding safety concerns and liabilities. Aside from that the manufacturing company needs not to bear the expenses and hassles for safety training, certification, regulatory compliance measure etc. and as a whole, the process becomes much cheaper. 100% inspection assured: Precise and prudent packaging is very much important primly for the food products and medicines. Relying on a credible company for packaging and assembly assures the 100% inspection and safety of the products. Thus the natural elements and the ability of the products are not at stake and this has its impacts on successful branding for sure. Reduced shipping costs: You can enjoy discounts on shipping with few of the reliable and renowned fulfillment companies. Large quantities of packages are sent out on a daily basis by the companies and that results into moderate discounts on shipping. And to add to the advantages, the packaging companies also eliminate the hassles of coordinating distribution and finding out a lower cost shipping alternatives. Scheduled completion and delivery: There is no surprise to the fact that the manufacturers would be concerned about the timely accomplishment of the product packaging but when you are dealing with renowned companies you can rest assured about the scheduled completion of the packaging and a timely delivery of the same. In some instances, few genuine and credible companies even assure a before schedule accomplishment of the task. Fixed labor cost v fluctuating demand: The demand for any product varies largely depending upon the market fluctuation and this often make hiring the warehouse staff difficult for the company. Say for example; today you may need more labors and on the other day you may not need them all. This difficulty is eliminated effectively with proficient assembly company. In most cases, the companies work with pay-per-order model so no fluctuation in labor cost. These are a few of the basic advantages that only a credible and renowned assembly and packaging company can provide you. So whenever thinking of outsourcing the product assembly service, look for these service traits in the company. This will help you take wise decision for the respective purpose. Get Started on your projects with specialized resources offered by PROMPT.  Quality control has to be in place in order to ensure that the final product is the highest quality possible. Creating a high quality product is important for several reasons. First, quality is what your customers demand, and if you want to keep customers purchasing your product, it has to be a quality product. Other reasons for having a quality product include: liability concerns, name recognition, branding, and maintaining your position compared to the competition in the marketplace.
There are many ways that a company can put quality control into action. Some companies will bring in third party companies to test their products before they leave the factory. These teams will be given a set of standards that the product needs to meet and they will determine if the product meets those standards. You can create a customer service department and track your quality through phone calls, customer surveys, and other methods of getting an idea of how the customers are reacting to the final product or service. This type of quality control is generally used by companies that provide a service instead of a product. There are many other ways you can implement quality control within your company. No matter what method of quality control you choose to use, it is critical that your company practices truly control the quality of the products you are offering. Quality control will find problems and fix them. In many cases this process may also stop problems before they happen, saving your company money. Quality control keeps you from putting an inferior product on the market, which in turn keeps your company from getting a bad name in the marketplace. This is critical if you want to grow your company because putting out a quality product allows you to beat the competition and overtake their market share. Get started with your next project using Industry Experts at PROMPT Assembly and Packaging Inc.  For good visual packaging and production of any retail product, many companies wonder whether they should blister packaging or skin packaging. There are many similarities between the two packaging techniques but there are also many differences.
Of the 2 options, blister packaging that has the highest “perceived value” on the retail shelf. That is, the clean lines, glossy protective PVC outer shell and the good card graphics will be accepted as a quality packaging solution by the consumer. Skin packaging on the other hand is often used with lower cost items and accessories which end up categorizing it as the lesser expensive, lower value proposition. There are several considerations you should use when deciding which packaging type would be best for your product:
 Automation is utilized in many processes of today’s manufacturing sector. Many factories that are creating components and parts for a variety of industries have some type of the process automated. Robots are often used in more hazardous applications or in extremely repetitive actions that can be ergonomically problematic for human workers.
1. Decreased Overhead Costs – When a manufacturing company adds some element of automation into its production or fabrication of products, the competitive advantage is increased for the company. Through automation, the company will be able to reduce costs through elimination of staff and an increase in productivity (many robots can run 24/7). However, it is important to note that many automated systems and equipment are expensive, so these additional costs will have to be compared to the overall reduction of cost in the long run. 2. Increased Productivity – As mentioned above, many automated systems can work long hours, into the night and on weekends, which provides an overall increase in productivity. This increase in productivity, although beneficial, may be slowed by other non-automated factors, such as product finishing, final packaging, and shipping. A cost comparison of skilled workers versus an automated system with all the factors from start to finish is the best analysis to determine if increased productivity can offset any human staff-related costs. 3. Consistency, Reliability, and Accuracy – Automated equipment and robotics can manufacture and continually repeat consistent final product results. The addition of automation eliminates the common issue of human error that may detract from the overall quality of production. Manufacturing processes can be carefully regulated and manipulated in order to maintain overall quality. This is a key advantage of automated equipment—the human error element is greatly reduced providing assurance that parts and components will be of consistent high quality. 4. High Volume Production – Automation is a valuable resource when a manufacturer is producing high volumes of components or parts. However, it isn’t very useful for lower volume production, as the expense for tooling and operating the machines can often outweigh the overall cost of the finished product. 5. Increase in Safety – The use of robotics and automated equipment is an effective way to prevent worker injuries. Many of today’s automated production devices keep workers a safe distance from the more hazardous areas of work. Human staff is still needed to operate and program the equipment, but the actual hands-on work is left to the machine, protecting the health and safety of staff. In addition, robots are able to work in extreme environments such as very hot or cold areas of a manufacturing plant. This allows workers to be free of additional harm from elements harmful to humans. Today’s manufacturing incorporates the skills of trained workers with the precision of automated equipment and robotics. This combination of automation and a skilled work force provides a strong operational base for North American companies to be competitive both here and overseas. For industry expertise and get started resources contact PROMPT Assembly and Packaging Inc.  Inventory management is a good practice for any company. If you are not keeping a watchful eye on your inventory or counting stock regularly, you are setting yourself up for potential inventory errors and challenges. Proper inventory management really can make or break your business! Keep the following benefits in mind as you weigh the cost of not implementing an inventory management strategy:
1. A good inventory management strategy improves the accuracy of inventory orders. Proper inventory management helps you figure out exactly how much inventory you need to have on-hand. This will help prevent product shortages and allow you to keep just enough inventories without having too much in the warehouse. 2. A good inventory management strategy leads to a more organized warehouse. A good inventory management strategy supports an organized warehouse. If your warehouse is not organized, you will have a hard time managing your inventory. Many companies choose to optimize their warehouses by putting the highest selling products together and in easily accessible places in the warehouse. This, in turn, helps speed up the order fulfillment process and keeps customers happy. 3. A good inventory management strategy helps save time and money. Inventory management can have real time and monetary benefits. By keeping track of which products you have on-hand or ordered, you save yourself the effort of having to do an inventory recount to ensure your records are accurate. A good inventory management strategy also helps you save money that could otherwise be wasted on slow-moving products. 4. A good inventory management strategy increases efficiency and productivity. Inventory management devices, such as barcode scanners and inventory management software, can help drastically improve your efficiency and productivity. These devices will help eliminate manual processes so your employees can focus on other – more important – areas of the business. 5. A good inventory management strategy keeps your customers coming back for more. It’s a fact that good inventory management leads to what you are constantly striving for – repeat customers. If you want your hard-earned customers to come back for your products and services, you need to be able to meet customer demand quickly. Inventory management helps you meet this demand by allowing you to have the right products on-hand as soon as your customers need them. Get Started with Resources and Expertise at PROMPT. |
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January 2020
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PROMPT ASSEMBLY & PACKAGING INC.
177 Mills Road, Ajax, Ontario, L1S 2H2 Phone: (416) 425-0884 Fax: (416) 425-6017 e-mail: [email protected], [email protected] |
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