Manufacturing Your Own Products: Yay or Nay?

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When you’re going to be manufacturing products, it requires you to have an understanding of the design, materials, and budget; it’s a massive undertaking for any business and something to think about carefully. These are some of the things you need to know before starting up your own factory. 

Market research

Before doing anything else, be sure to conduct thorough market research. This is so important, the last thing you want is to be producing products that no one wants. Look at the competitors you have in your industry and work out how your product provides additional value to your customers. Always build and test a prototype before sending any product into mass production; you need to know that you’re 100% happy with how it’s going to turn out. 

The logistics

Think about whether manufacturing your own products will be a possibility, it will mainly depend on what you want to make and what your budget is. If for example you want to make very complex items which require a lot of technology and specialist materials, it could be worth outsourcing to a company since they will already have everything they need in place, from wire forming equipment to injection moulding, high powered machines and much more. If your business makes products that are easier to manufacture such as clothes or other textiles creating products yourself could be in reach, you’d need to just invest in some commercial sewing machines.  

Costs

Creating a factory to produce products isn’t just about the equipment and machinery; there are so many other things to think about, and all of these costs can add up in a big way. You will need to consider the premises (usually factories need large premises which cost more money, not to mention warehousing space for raw materials and the end product to be stored. You’ll need to think about hiring staff; these people need to be trained and experienced in the types of machines you want to run. Then there’s transportation, maintenance and repairs and more. You’ll need to find companies you can make regular purchases of materials and raw goods from, make sure you work out exactly how much you will need to spend to get started to see if it’s doable.

Health and Safety

There are risks involved in any workplace, but when it comes to manufacturing, there are even more health and safety considerations to bear in mind. Just look at the statistics, over the past 5 years, each year an average of 22 workers died in workplace accidents in the manufacturing industry. There were over three thousands reports of major injuries and over four thousand reports of injuries that kept workers away from work for seven days or more too, so even if you’re careful, things can still go wrong. Power tools, machines, vehicles, high heat, and chemicals all might be used, which makes for a more dangerous workplace. Make sure you have the correct insurances, and that staff is adequately trained. Follow health and safety rules to the letter to avoid mistakes being made that could harm employees and put you at risk of lawsuits.

Maintaining a Happy, Healthy Working Environment

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When you first start out in business, chances are you operate alone. You may work from home or you may have a small office that you work from. However, as you grow and expand, you may find that you need more pairs of helping hands and take on more staff to allow your business to flourish. This is great! However, when you become an employer, it is extremely important that you take your responsibilities seriously and that you provide your workers with a happy and healthy working environment. Here are just a few areas you can focus on to achieve this!

Prioritize Health and Safety

Health and safety rules and regulations are in place for a good reason – they keep work spaces safe for everyone operating within them. It’s absolutely essential that you are familiar with your responsibilities when it comes to providing your employees with a safe and hazard-free working environment! So, read up and make sure you stick to any rules and recommendations that are outlined. There should also be a reporting system in place that ensures your employees can inform you or another authority figure if they have any concerns about their health and safety in the workplace. This will allow you to address potential issues before they expand or worsen.

Keep Things Clean and Tidy

A clean and tidy environment is important for health and safety, but it’s also important for your employees’ productivity and work ethic too. Coming to work in a cluttered, messy, or dirty space isn’t good for morale. So, bring in professional cleaning services, such as the staff at SouthernCrossCleaning.com, who will be able to make sure the entire office is spic and span at all times. You should also hire window cleaners, who will be able to ensure that windows are dirt and speck free, allowing more natural light to infiltrate its way indoors. This is great for your employees’ health!

Have a HR Department

People are only human and no matter how professional your employees may be, it’s likely there will be times when disputes arise and have to be settled. Making sure that issues are resolved fairly and that action is taken when people act in an inappropriate manner, is extremely important for your workplace. So, implement a HR department. HR stands for human resources and the individuals working in this area of the business will have multiple responsibilities. But one will be helped to resolve issues and ensure everyone feels safe at work. Having a HR department ensures all staff have someone to reach out to with their concerns.

Of course, you’re going to have to focus on plenty more areas to create the ideal workplace. But hopefully, the areas outlined above will help you to get off to the best start possible. Take these steps and implement them into your workplace as soon as possible for the best results!