There is a large variety of private label manufacturers out there, which can make it pretty difficult to decide on one for your business. After all, the right choice can potentially make or break your business. Therefore, the best option is to narrow your choices down in a way that scouts out the best of the bunch. Here are three things to consider that will help you find the best manufacturer for your business.
1. Product Inventory
When looking at different options for a Private Label Manufacturer, consider their selection of products. If they only have a small number of supplements to private label, it could be hard for them to keep with you as you grow in the future. Instead, look for a partner that can offer you a larger variety of products and sizes. That way, you’ll be able to expand your offerings based on the feedback you receive from customers, as well as the trends that come along in the future.
2. Turnaround Time
You need to ensure that your orders will get filled promptly. If you find that you always have to plan them out a month ahead, it could be harder to manage your inventory levels. Find a partner that gets your orders pushed out in under two weeks. Working with a manufacturer like this will ensure you keep your cash flow levels and inventory levels in a comfortable spot.
3. Label Fees
You may or may not need to pay fees for labels each time you place an order. If you do, it could be a hidden cost that may interfere with your bottom line. The private label manufacturer that you work with should include the labeling service with each other and be upfront about fees and costs.