What are dietary supplements? The Food and Drug Administration broadly defines dietary supplements, dietary supplement manufacturers, as products that add nutritional value to your diet. They may be as follows, vitamins, herbs, botanicals such as botanicals, ginger, and garlic and so on. Minerals in the form of concentrate or extract amino acids and so on.
Since there is a lack of regulation around these products, so it is important to evaluate the supplements good and proper to care for your health.
The contract manufacturing supplement industry keeps burgeoning with time. However, it is a very difficult to get a reliable and dependable contract manufacturing firm to work with. One needs to do a whole lot of research about these firms before you can come to a decision about the same since there are a lot of myths about contract manufacturing dietary supplements floating around, enough to leave you confused. It is important to know about the contract manufacturing and know the real truths about it.
Benefits of Collaborating with Contract Manufacturer – Benefits & Tips
Collaborating with the right contract manufacturer (CM) has multiple benefits. The right CM protocol evaluates and takes into account the specific program and the customer, and thinks in advance about the problems that may arise. Full-service contract manufacturers gauge the quality, risk mitigation, innovation, and apart from that another thing that one must consider is the faster speed-to-market. An experienced CM partner can help build a successful company’s program.
Here are the Top Tips to Consider in Planning a Program with a Contract Manufacturing Partner
Ensure selecting a CM Partner Very Early in the Process
Partnering with a CM can help in the increased design for innovation, manufacturing, and cost management and ensure supplying chain management that results in speed-to-market. Working in tandem early on sharing target costs helps receive budget quotes, and taking care of the logistics will impact the quality outcomes and think of creating realistic timelines. A CM can think of review the program and think of incorporating lean manufacturing methods to help produce some of the best possible repeatable processes.
Define True Scope of Work
When one is working with a CM, it will be wise to step back and evaluate the true scope of a project. Both parties can take care of a variety of critical factors, such as: what is the timeline required? Who will be responsible for key elements, what are the expectations of the parties? Ask all about the party supply chain? What are the more important milestones in the timeline?
Ultimately come to the point where you will define a document to help avoid scope creep. Address all the factors at the beginning of the project and impact the overall project flow and the overall timeline. Often the team will start a project and run with it without taking enough time to identify the important areas that will make leeway for both the parties.
Start Freeze Design Early
Proving out the process is important to find out the same using several pilot test lines (beta builds) to confirm form, fit, and function to even out the process. One of the useful ways delaying time lags is by freezing the design early. Take into account the parallel path option to minimize downtime. Also, add additional time in the up-front stages to speed up the process in the final stages.
Define Sourcing Requirements
When working with the CM you need to identify the sourcing requirements this will help simplify the supply chain and increase speed-to-market. There are several tasks that one must take into consideration such as identifying the obsolescence risks, making contingency plans, and identifying and noting the long lead components that impact the purchasing strategy of the program.
5 Myths about Contract Manufacturing Supplements
Usually, there are a number of beliefs, misconceptions, and myths surrounding the contract manufacturing industry that make most people confused, wondering about what they should trust. Here are a few myths one should know about,
- All I have to select the right contract manufacturing partner and everything will be perfect
Contract manufacturing is certainly not a walk in the park, it is difficult, super competitive, low-margin business – and one needs to micromanage it constantly. OEMs get the best results when they get the most satisfaction with their CMs, which are ones that figure out the operations organization to constantly manage outsourced manufacturing.
- All you have to do is find the lowest quote price
For most products, such as supplement products and markets, the X-works per unit manufactured quote price lands up to 70% to 80% of the total supply chain cost. In most cases, the per-unit quote price that was a few points lower may get an extra 5 points in other less visible costs including both internal and external. Apart from that, there are many CMs who have institutionalized business processes and identify the hidden additional costs that were primarily passed on to the OEM in the form of varying fees and charges.
- Certification is not important in contract manufacturing except GMP
A lot of things are at stake when it comes to contract manufacturing firms, especially your reputation. Be very selective about a firm that can be run effectively. You need to seek proper validations about the firm as you need it badly and certification is important and one of the top myths about contract manufacturing dietary supplements the firms must get GMP Certification to confirm that the company is generally accepted in the industry and follows the set quality standards.
- In Contract manufacturing, lean doesn’t matter to the office
Most companies ignore lean manufacturing efforts especially when it comes to their office. They hardly focus on the administrative team and the front office. It is imperative for your company to implement a lean office culture. This can slash down the costs and to ensure that the team increases profitability awareness.
- In Contract Manufacturing, Development Should Stay In-House
The outsourcing companies are of the opinion that just by handing out the contract manufacturing firm the design or prototype of their product can resolve most issues and they end up leaving everything to them. What you need to do is involve your development team in the early steps of the process to work with the contract manufacturer and iron out the differences that usually comes between the product design and the actual production.
Check out these myths about contract manufacturing dietary supplements and know how you can bust them. Before you can find out the ideal contract manufacturing company to work with, you have to do thorough research to find the best firm that can offer the best and the most reliable contract manufacturing services.