Manufacturing a Product in China is a HUGE mistake! (In 2023...)
Vložit
- čas přidán 8. 09. 2024
- Manufacturing in China during 2023 is a disaster. Watch the video to find out why and how to avoid this problem. Having produced products in China for 12 years, I now have my factory owners telling me and my clients that this year is going to be terrible in China for production.
Manufacturing an idea 101 downloadable guide: www.design2mar...
Subscribe to my channel for weekly videos: / @productinnovationacademy
www.design2mar...
Watch my free 45-minute webinar on developing a new product: www.design2mar...
Subscribe to my channel for weekly videos: / @productinnovationacademy
I’m now at the point of choosing whether to manufacture in the UK or China but I’m struggling to make a decision. A few months on, would you still advise to manufacture elsewhere if your product hasn’t gone into production yet?
Good question! I think it’s still worth being very cautious if you have tight deadlines particularly. Ask the Chinese factory whether they are worried about delivering to the agreed timescales and ask just be honest about your concerns. Inevitably it will become a decision based on cost anyway so firstly check the price difference and if you can even afford to manufacture in the uk.
How about Uzbekistan? They are welcoming foreign investors I heard.
I will look into this more! Thanks for the tip!
Malaysia...near Singapore but Malaysia everything is good..many skill worker..good government..safe country..payment salary start from 500 dollar
Great info! I have a product/invention that I want to get manufactured in China. I am worried that the manufacturer might steal or sell my idea/design. How do I make sure that doesnt happen? Thanks in advance :)
Hi there. That is a HUGE question! I'll do a video on it shortly and post the link here. In the meantime get a patent, registered design and trademark first, if appropriate. Use a recommended manufacturer who has a track record of not stealing ideas. Get an NDA or CDA signed by the factory first. If possible add the secret sauce at a different factory so one factory doesn't have all the info. Finally let them copy it - for an agreed fee. Give them markets you can't access to sell into in exchange for cheaper tooling/units/fee per unit!
They’ll steal it anyway and if they don’t, another manufacturer will. It’s culturally accepted to steal IP especially from foreigners.
I have a similar issue too
Are you kidding me😂
Hi, I was wondering if you might be able to help. I am looking at manufacturing a product. Still very much in the early stages and I'm trying to figure out how much it would cost and what the typical MOQ would be on this product. Without giving too much away, it's part electrical as it must heat up and would need to be made from some form of metal otherwise it would melt if it was plastic. I appreciate that isn't much to go off but any advice you can offer would be much appreciated.
MOQ on electronic products and components like heating elements can be as high as 3000 pieces. You might be able to negotiate this down to 1000 pieces. As a rough estimate of unit cost, divide your recommended retail price to the end customer by five. Very rough but at least that’s something to go on!
@@ProductInnovationAcademy thank you!!!
@@mohammedmitha7743 you’re very welcome. Please make sure to like and subscribe!
i thought you will discuss geo-politics such as china-taiwan, but anyhow covid is not an issue, maybe many many months ago, but not at present time...its just an irrelevant topic to talk about....people has to live, eat and get out of their abodes to work or breath some fresh air.
I agree with you. But it is still relevant in China in terms of the impact that it continues to have in creating significant production delays. See my other videos on manufacturing in China for commentary on some of the other issues including the type of problem that you mention in your feedback
How about India? Kindly respond.
India doesn’t have the same challenges as China this year as their government didn’t take the same response to Covid. However a lot of India factories source parts and/or materials from China and so might well still have some problems as a result. Best to check with the individual manufacturers you are considering using.
2023 economy very very bad! Money not come easy. I'm selling online drop 85% 2022 unit now 2023
Really sorry to hear that. It's a tough market now certainly.
Super advice and great forethought
Glad you think so!
Who to contact with you ☺️
So Apple made a serious mistake? Why not go ask Elon how he is feeling? Don't blame your own problems/choices on others.
I’m not sure that is what I’ve done!? I speak to small and large brands regularly about production and the number of companies who are exiting China is huge and on the increase. A quick bit of research on Vietnam (for example) will show how rapidly their production industry is growing and is driven by lots of western companies relocating their production. And they are just one of many countries who are finding a huge market for production amongst those businesses who are de-risking manufacturing by moving from China. I would expect apple and Tesla have both spent millions of pounds already investigating other options and building alternative production routes in other countries - no serious business would be ignoring this.
Apple is shifting it's manufacturing to India and Vietnam, Tesla is also shifting to Indonesia and India
@@D__Ujjwal thank you for your comment! It appears I might be right!
Your mixed-up and u don't know what are talking about rather then your channel very sorry 😐
@@ProductInnovationAcademycan you please make separate videos on how much and which businesses are moving to India then Vietnam etc
And now Benji is flooded from excessive ground water..
That doesn't sound good.
China manufacturing has become a nightmare. By far the quality of Chinese products have major qualify issues. I look very hard to ensure that what I buy isn't from China.
There are growing manufacturing bases in other countries and more and more products are being made elsewhere. As always, there are good and bad factories in China. Some have very very good quality but some don't.
Mercedes are building their cars in China, iPhone is built in China, more than 40% of medications sold in US is manufactured in China, so I'm not sure how hard are you looking...
Nice
Thanks!!
Yes, please go to invest in India and see whether you will do better than Apple, Foxcomm and almost another 2,000 Foreign Companies doing business India.
Good Luck if you are even sway to set up your factories in Vietnam.😂😂
There no harm in considering countries for production and comparing cost and risk.
You are living in La La land
Infrastructure in India is really bad, and is still hard to find quality workers, because the other ones are just too many. ATM the country is just to chaotic, but with some good reforms in place it can surpass China.
you are wrong
Thanks for commenting. Care to explain your thinking a little more? Happy to be proved wrong…
What a Xenophobic caption!
If you watch the video you’ll realise that xenophobia is nothing to do with it! There are specific reasons why manufacturing in China this year is particularly tricky. I am not saying anything bad about Chinese people or factories in general just the specific challenges faced producing products in China.
Avoid watching this propaganda channel 😂
No propaganda here. Just my genuine experience. Watch out for later videos that express the other side of the coin!
🤣🤣🤣 outdated info as of now✌️✌️✌️
Absolutely! That's why there's a year on the thumbnail! I can't believe people are still watching this!
You are an aresoles , you know bloody well the world depends on the remarkable achievements of that extraordinary, remarkable country.Thank you China for the many remarkable products that I have in my home that make my life better.The person who says the things that they do must be paid by the USA,who are jealous of every nation who does better than them. The World,says - up your's! 🥱😋🥱😋🥱
I am always surprised how much China achieves so quickly when I visit. It seems like they can build a whole regional airport in just 9 months! Incredible.
@@ProductInnovationAcademythat's why they are called tofu dreg construction
Long term are they architecturally safe ?
@@anitadreyer9359How long? The Great Wall has lasted for more than 2000 years!