Offshoring solutions and Contract Manufacturing

 Offshoring of businesses is often resorted to as a means of market expansion or improve profitability. The latter is often the case when the new business is set up in a low labor cost country or the country accords specific advantages of raw materials or market.

Setting up an offshore business needs all aspects to be very carefully assessed considering that time, money and human resources are involved. An entire gamut of activities are involved commencing from the basic feasibility study to the local government approvals, tie up of financial resources and finally of course the setting up of the manufacturing unit.

It is here that offshoring consultants can play an important role in the streamlining of various activities ensuring that the activities are performed optimally with respect to both time and financial costs.

Industry experts provides the entire array of offshoring solutions commencing from Feasibility Studies, Possible Location Identification, Site Selection, Land Acquisition, Registrations, Approvals & Licenses, Banking & Finance, Construction & Facilities Support, Erection and Commissioning and finally Operations Support. An important aspect is site selection and land acquisition and here Industry experts has access details of Industrial Parks, Industrial Areas and Special Economic Zones in India for various industries.

Another way of business expansion is to increase marketable capacities through contract manufacturing. Industry Experts provides the entire gamut of services with respect to Vendor Selection, Management, Supplier Evaluation, Product Assessment, Quality Control and Pre Shipment Inspection ensuring the availability of required items adhering to delivery schedules, costs and, most importantly, quality norms.

Source :- https://www.industryexperts.co.in/blog/offshoring-solutions-and-contract-manufacturing