Video: Advantages of Outsourcing Manufacturing to Asia
Below is our transcribed version:
Advantages in Outsourcing Manufacturing to Asia
Outsourcing manufacturing to Asia is a trend that is continuously growing.
Businesses are often concerned about how to stay competitive. With outsourcing, businesses now have the competitive advantage they were previously looking for. In terms of:
Cost Savings:
Saving on costs is a huge advantage with outsource manufacturing. No need to worry about money spent on overhead such as land, insurance, utilities, maintenance and manufacturing labor. Saving on these costs can give you the financial freedom to allocate your funds elsewhere. Who doesn’t like saving on costs?
Quality Customer Service:
Asian manufacturers’ customer satisfaction is deeply rooted in their culture, making customer service a priority and not an obligation. This makes them proactive in communication, working out any problems to ensure high customer satisfaction.
Flexibility:
Enjoy more freedom and worry less with higher flexibility in scaling production up or down to meet demand changes. They are more accommodating with Minimum Order Quantity (MOQ) and willing to work with customers with more challenging demands.
Higher Yield, Faster Output:
Need massive amounts of a popular product with a tight deadline? Outsourcing your manufacturing to Asia can help speed up your manufacturing. Manufacturers in Asia have a better capability to yield higher output with a fast turnaround time and with a shorter lead time. A reason why is because the factories in Asia have longer operating hours coupled with their willingness to get the job done. You can count on them to have your large orders produced on schedule and on budget.
Focusing On Core Competencies:
With benefits from outsourcing manufacturing to Asia, you are now better able to focus on your core competencies to put your business ahead of the competition. Manufacturers in Asia have extensive knowledge and experience in their area of expertise and helps assure that you and your product are in great hands. You can relax and be more confident with handing over the non-essential functions over to the manufacturer, giving you the time and freedom to go back to your core competencies such as the creation and updating of the design.
Outsourcing manufacturing to Asia gives you the leverage to boost your competitiveness. It provides you with benefits and advantages in: Cost savings, higher yields with faster output and the ability to focus on core competencies in your business. Like to learn more? Check out our blog on TeleTecSI.com for more benefits and advantages in Outsourcing Manufacturing to Asia.