Growing Your Business and Gaining a Competitive Advantage through
Partnering with RTB Products, Inc.
Part 5: Taking the fist step.
Which manufacturing activities should you consider as candidates for a program with RTB?
Evaluating existing production activities.
Manufacturers with existing production activities should examine processes with high assembly labor. Review the Bill of Materials for components and subassemblies that contain a high percentage of parts purchased from outside vendors. These components and subassemblies are ideal candidates for a customized program with RTB - the parts can be shipped directly from your preferred supplier to RTB for assembly. The finished component or subassembly is then delivered to your company, ready for integration into your final product.
An added benefit is that enterprises can take advantage of RTB's expertise in the manufacturing process - RTB frequently is able to provide insights that can improve the efficiency of the production process, improve the quality of the finished goods or reduce production costs.
Implementing new products or processes.
Starting a new production line or retooling an existing production line to produce new products is time and labor intensive and frequently involves a significant capital expenditure. RTB is an ideal solution - manufacturers can expand their product offerings or modify their production processes without investing in additional capital equipment or adding inventory or labor costs.
Start-up enterprises with technologically advanced product designs, but no manufacturing capabilities, particularly benefit from a custom program with RTB.
Whether you are modifying your production process or adding a new product, you should evaluate all aspects of your manufacturing process, looking for areas where RTB can positively impact your COGS, such as the manufacture of customized components and assemblies, mechanical assemblies and accessory kits. Other activities that are candidates for RTB include facilities management, quality control inspections, sorting, rework, recovery, labeling and packing/unpacking.
Keeping a production line technologically up-to-date and ensuring that it can handle all manufacturing activities, including specialty or custom manufacturing, is an expensive proposition. And if those activities range outside your company's core competencies, the investment in capital equipment, labor and training may not be a wise one.
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