When you’re ready to take your product idea from the sketchbook to market, it can be tempting to go all-in and place a huge order for your minimum viable product (MVP) with a factory. But what if you could validate your product idea first with a lower-volume production run? Enter: low-volume manufacturing (LVM). LVM is a great way to test the waters with your product idea before making a large investment. In this blog post, we’ll explore the benefits of LVM and how it can help you verify your product ideas before going into mass production.
What is low-volume manufacturing?
Low-volume manufacturing (LVM) is the production of small quantities of a product, typically between 250 and 10,000 units. LVM is often used to test market interest in a new product or to produce parts for prototypes or custom products.
Advantages of LVM include the ability to rapidly iterate on design changes and the flexibility to produce unique or custom products. LVM can also be less expensive than high-volume manufacturing methods, making it a good option for startups and small businesses.
If you’re considering LVM for your next product, be sure to consult with a manufacturer that has experience with this method.
The benefits of low-volume manufacturing
Low-volume manufacturing is a great way to verify your product ideas. It allows you to test the market for your product, gather feedback from customers, and make changes to your design before committing to a large-scale production run.
Low-volume manufacturing also has a number of other benefits, including:
- Lower upfront costs: When you only need a small number of products made, you don’t have to invest as much money in tooling and equipment. This can be a great way to save money when you’re just starting out.
- Faster turnaround times: Since you’re not dealing with the minimum order quantities required by many mass manufacturers, you can usually get your products made much faster. This can be critical when you’re trying to get your product to market quickly.
- Greater flexibility: With low-volume manufacturing, you have more flexibility in terms of design changes and modifications. This means you can iterate on your product more easily and make changes as needed without incurring huge costs.
- More control over the manufacturing process: When you work with a smaller manufacturer, you usually have more direct communication and control over the manufacturing process. This means you can ensure that your products are made according to your specifications and quality standards.
Low-volume manufacturing is a great way to verify your product ideas without needing to make a large investment. This type of manufacturing can help you test the market for your product, perfect your design, and get feedback from customers. It’s also a great way to build relationships with suppliers and manufacturers. If you’re thinking about starting a business, low-volume manufacturing is definitely something worth considering. KAIAO is a reliable enterprise that can provide low-volume manufacturing so you can choose it as your partner and turn to it for help before starting your business.