Mexico continues to rise as a competitor to China’s manufacturing capabilities. An increasing number of companies are transitioning operations to Mexico due to shorter lead times, lower shipping costs, and higher quality products. If you’re interested in outsourcing manufacturing in Mexico, you may be wondering when your product is ready to enter the final phase before reaching the hands of customers. At CaliBaja, we strive to provide a straightforward and streamlined process from start to finish. We’d love to play a role in bringing your product to fruition. Here’s what you should keep in mind as you start searching for a manufacturing partner:
Feel Confident in the Design and Prototype
Before you’re ready to dive into the manufacturing process, you should feel confident in your prototype and design. This can be a tricky phase because it’s not always clear-cut. To ensure that your product is ready for production, it’s important to consult with experts who have a strong background in your industry. When you’ve determined that the design doesn’t need to undergo revisions, it’s a great time to find a manufacturing partner that can create your product according to your timeline and budget.
Consider Your Manufacturability
Manufacturability refers to the ease of creating a product. A design with high manufacturability utilizes standard materials and equipment, while a product with low manufacturability requires non-standard materials and setup. The manufacturer you choose will largely depend upon your product’s manufacturability, as not all plants have the capabilities to produce niche designs.
Analyze Your Cost Estimate
Every business owner aims to deliver a high quality product to customers, but in order to achieve appropriate profit margins, you need to have a detailed cost estimate. Creating an accurate cost analysis is one of the most critical steps when determining manufacturing readiness, so you’ll certainly want to work with a professional. When analyzing the cost of production, aim for production costs to be less than 50% of the manufacturer’s suggested retail price (MSRP).
If you’ve designed a product that you’re proud of, you’re more than likely looking forward to the production phase. Bringing the product you’ve carefully prototyped and designed to life is an exciting milestone! In order to ensure that your product is of the highest quality and allows appropriate profit margins, you’ll need to work with the right manufacturing partner. If you’ve heard about the benefits of outsourcing manufacturing in Mexico, we’d love to speak with you further about how we can help. As a contract manufacturer near the border, the CaliBaja team has the capabilities to produce for most industries. Ready to learn more? Please contact our team to discuss your project. We’re looking forward to determining how we can be of assistance.
