Thanks to the evolution of technology, it’s now possible to run your entire company without hiring any people! That sounds quite strange, don’t you think? But it’s true. Take the manufacturing industry, for example.
You could create a range of products and sell them to wholesalers and retailers. But you wouldn’t have to lift a finger to do anything in your business!
Want to know how that works? Simple. The following information details how you can run a manufacturing firm without hiring any staff. And, no, it doesn’t involve any magic tricks!
Outsource production to third-party factories
It’s no secret that many of the world’s top companies make money by outsourcing stuff. For example, your Apple iPhone got built by companies like Foxconn and Pegatron in China. It costs a lot of money to invest in manufacturing facilities. But it’s more cost-effective to get a factory that’s equipped with those facilities to build your products. If the factory uses Veeco machines, they also require regular maintenance and even replacement of parts provided by a Veeco parts supplier.
Because it’s cheaper abroad, most firms outsource their production needs to factories in the far east. That’s because the cost of living is more reasonable in those nations. And that means labor and machinery are also cheaper.
Distribute your products through outsourced warehouses
The cost of leasing warehouse premises, employing staff and buying equipment can be quite high. Especially if you need a behemoth of a warehouse, like the ones Amazon use for their fulfillment centers!
Did you know there are companies that offer logistics and warehousing services? They can deal with the importation of your goods from the foreign factories you use. They can also store and ship those products to retailers and wholesalers.
That means you don’t have to deal with the hassle of managing warehouse facilities. It’s something you can do in almost any country around the world.
Get someone else to deal with your Information Technology
It’s likely you will still need an office to operate from. Your office may need computers, an Internet connection, photocopiers, and servers. Let’s face it; you’re busy working on new product ideas and negotiating with top-name retailers.
The last thing you want to do is spend time working out which IT systems will work well for you. That’s why IT outsourcing can help. You can let a team of experts carry out a survey of your office and work with you to come up with an effective solution to your IT needs.
They can also provide 24/7 support. If things go wrong, you can rely on your (outsourced) IT department to fix them!
Set up offshore customer service centers
If you sell large volumes of stock each year, you’re bound to get people that phone up to place orders. They may also want you to solve problems with their items. “Offshore” customer service centers, as they’re known, can handle your inbound calls for you.
They can answer calls using your company name. They can even access your order systems and escalate any queries that might need your attention. They are cheaper than hiring people in your home country. And they can accept calls 24 hours a day if needed.
So, when will you start outsourcing?
