Increase Revenue

Challenges to Increase Revenue for Contract Manufacturers and Packagers

AMR and other industry surveys continually report on the interest and desire of the industry to increase contract manufacturing and packaging utilization. However, the industry has not been able to capitalize on the market opportunity due to the lack of integration and loss of visibility experienced by the external supply organizations at Brand companies. These limitations have caused many Brand companies to concentrate their relationships to a few outsourced partners and demand a higher level of integration and visibility. Even for the large outsourced partners these requirements are hard to meet since their sites and systems are often independently run and have varying levels of capabilities. Furthermore, the Brand companies have specialized processes and manufacturing needs that can only be served by niche partners in the long-tail.

The barrier to growth is the lack of integration and visibility across the supply chain that can span from the largest contract manufacturer and packager to smallest of the small in the long-tail. For both contract providers and brand owners of all sizes it is necessary to work seamlessly across the network with each other. By eliminating the hurdles of time and cost to establishing an integrated process and providing production visibility the industry will be able to rapidly grow and increase revenues for all the participants

How TraceLink can help Contract Manufacturers and Packagers to Increase Revenue

• Drive joint value creation. Improve collaboration between all members of the virtual manufacturing team on how you can jointly shrink production time and bring manufactured product to market faster. Discuss and implement production strategies that can help create and supply unique products that serve new markets profitably.
• Reduce production and operational cost. Improve production room, equipment and human resource utilization through better insight into customer needs and expected material deliveries. Reduce cycle time by reducing initial order negotiation time, shrinking quality review periods, reducing supply delivery lead times and eliminating lags in production sign-off. Simplify access to and startup with new contract manufacturing partners with unique skills, market access or low cost structures.
• Enhance business flexibility. Shrink end-to-end production cycle times by reducing purchase order negotiation phases and eliminating manufacturing process delays due to coordination, material receipt and process review issues. Enhance contract partner ability to operate on established demand forecasts. Enhance flexibility in the production order process to respond to required manufacturing changes in quantities, delivery dates or other schedule elements.
• Promote differentiating service levels. Provide predictable contract production from purchase orders, customer forecasts and other production triggers. Enable faster and more agile product manufacturing. Provide greater visibility into current production status and expected future production runs. Offer enhanced reporting and metrics to feed into customer production planning processes.

Next steps

• Try It Yourself.  In minutes, launch a no obligation FREE TRIAL of our Predictable Supply Suite. Create your own Process Link collaborative team workspace, invite and quickly connect to virtual team members, then experience a new world of production visibility and tracking across your contract manufacturing operations!
• Demo Production Tracking.  Request a guided PERSONAL DEMO of our Production Tracking and ProcessLink solutions. On your schedule, one of our team members will take you through our solution.

Explore More

• Discover Production Tracking.  Find out how the TraceLink Production Tracking solution can give you visibility and control throughout the entire contract manufacturing lifecycle. Go Production Tracking
• Experience ProcessLink.  Review TraceLink's innovative approach to connecting you and your internal contract manufacturing teams to your partners both fast and flexibly. Go ProcessLink