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Ready for the next two points about What Makes a Good Private Label Manufacturer? Let’s go!

#5: Socially responsible manufacturing

It is the duty of every business owner to ensure that their business is run in a socially responsible way. So the next time you engage a supplier, do inquire about their factory conditions, and make sure that they are doing their work in a proper way.

While those with more funds may request to have the manufacturers’ factories audited, smaller startup business may find this unfeasible. Fret not though, a less expensive option to check this is to see if the manufacturers have worked with large multinational companies, that will have already done the legwork to ensure good working conditions. 

Other than that, you can always ask the factory to show a certificate or report of being audited by credible factory auditors as evidence of their factory conditions. This is not a 100% guarantee, but it can at least help you gauge at one glance if a factory’s standards are kept up to date and whether they are paying attention to this aspect. 

#6: Appropriate pricing

Due to increasing labor costs, material costs and stricter environmental policies worldwide, tens of thousands of factories have shut down. As such, the costs of manufacturing products are steadily rising.

When you send the suppliers requests for quotations (RFQs), you may find a wide range of prices provided in response to your RFQs, but take note that those suppliers who produce quality products may be the ones having the higher quotes. If one manufacturer is quoting way below the average, they are either cutting back on something that really makes an impact, or it’s not a genuine quote. The idea here is to do more research and do not just jump at the lowest price to avoid disappointment and then resulting in a mismatch of quality.

Interested? Stay tuned as we introduce the other factors/tell-tale signs of a good private label manufacturer!

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