A project no matter how big or small, it needs its basic fundamentals. Or what we all know as raw materials. From pieces of lumber to Cement Malaysia, they are all essential to the manufacturing of your final product.
Raw materials are the building blocks of the products and services you provide. If they are bad, your products and end result are likely to be bad as well. On the other hand, if they are well-sourced and guaranteed to have quality, then you know your products are way above average.
Raw materials that are used in the manufacturing of a product comes with a lot of obstacles and challenges. Sourcing the materials also get a little complex as raw materials are not as black and white we would like it to be. There are both direct raw materials that are traced to the end result of the product and there are indirect materials that are mostly used up during the production.
Both types of raw materials have careful considerations that come with their sourcing and purchasing. We have to account for its quality, cost, origin, and implications. When sourcing raw materials for your business, here are some important things we must look out for!
Quality And Purity
The quality of the raw materials is determined by how pure and contaminant free it is. If your raw materials come with expressions of concerns about contamination, then it is better to stay away. Companies tend to put requirements of the raw materials composition and the tests that needed to be included to ensure quality. If we are making furniture, the last thing we would want is for our wood and lumber to be contaminated with mold. The same goes for the manufacturing and processing of our favorite packaged drinks and foods.
Worthiness Of The Deal
When it comes to procurement of raw materials we have to consider the value and worth we are getting out of the product deal and exchange. How much are your sourcing raw materials and how much do you need to produce to break even the cost of procurement and sourcing of raw materials? Cost-profit needs to be determined when sourcing high-quality and expensive raw materials. Do the products have a long lifecycle and how much does your target audience need the product? The value of raw materials is not only determined with just a low price. You need to consider the lifecycle, demand, supply, marketing, target market, and so on.
When getting your raw materials, always make sure the company you are purchasing from is a well-reviewed and appraised one. If not, your risk of getting scammed is a lot higher. There is a chance they may not deliver as they promised and as your required. When it comes to assessing a company for your raw material need to have to think about their shipping, working conditions, availability, transparency, and sanitization as well.
Getting your materials is not as simple as going online and ordering a bunch of them straight to your home. It is an extensive process of research and experimentations.