PLUS: How a reputable contract manufacturer can help…and the questions you need to be asking to ensure you choose a quality partner
September 28, 2021
“Quality vs. price point is often an issue,” adds Holtby. “Many companies focus on price when choosing a contract manufacturer, but forget that quality, service, and on-time delivery are factors that are more important in making a decision.” Competition is fierce, Holtby notes, adding that some customers stay with their current vendor because they don’t like change, while others continually shop around for lower prices. This, he cautions, might turn out to be more expensive in the long run as they end up paying more in opportunity costs, including long lead times.