Analysis of manufacturing capacities. Development of repair enterprise, estimation of manufacturing capacities and product cost calculation

If the idea is a hard productБЂ”an inventionБЂ”it is possible to hire mechanical engineers or industrial designers on www.elance.com to develop a prototype based on your description of its function and appearance, which is then taken to a contract manufacturer. If you find a generic or stock product made by a contract manufacturer that can be re-purposed or positioned for a special market, itБЂ™s even easier: Have them manufacture it, stick a custom label on it for you, and prestoБЂ”new product. This latter example is often referred to as БЂњprivate labeling.БЂ«Have you ever seen a massage therapistБЂ™s office with its own line of vitamin products or the Kirkland brand at Costco? Private labeling in action. It is true that weБЂ™ll be testing market response without manufacturing, but if the test is successful, manufacturing is the next step. This means we need to keep in mind setup costs, per-unit costs, and order minimums. Innovative gadgets and devices are great but often require special tooling, which makes the manufacturing start-up costs too expensive to meet our criteria ...»