By Scott Jenkins , COO, Biovation Labs03.01.18
Nutraceutical companies spend significant time and resources conducting research and development, crafting marketing plans, and aligning their plans with market realities. One such reality is that companies, large and small, have two options when it comes to manufacturing their products. They can come up with and justify the capital expenditures needed to secure the necessary facility, fill it with safe, efficient manufacturing equipment and systems, train a large staff to the nth degree of competency, build a stellar supply chain and shoulder the spectrum of risks that come hand-in-hand with this undertaking, or they can outsource the manufacturing and partner with a nutraceutical and supplement contract manufacturer.
Some of the world’s most successful companies rely on contract manufacturers because it enables them to focus on R&D and marketing without having to worry about the manufacturing risk. The challenge comes with knowing what to look for when choosing the right partner. The following are 11 items to look for in a contract manufacturer.
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Some of the world’s most successful companies rely on contract manufacturers because it enables them to focus on R&D and marketing without having to worry about the manufacturing risk. The challenge comes with knowing what to look for when choosing the right partner. The following are 11 items to look for in a contract manufacturer.
Industry Certified
In this industry, there are a num
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