Product Assembly Company
Richmond, VA, Contract Assembly
The capital of the Commonwealth of Virginia, Richmond is a city of over 223,000 inhabitants. As such, it occupies 4th place in terms of population size in the state of Virginia. But Richmond also enjoys a well-planned network of roads, so getting the workforce around town isn’t an issue at all. It’s no wonder, then, that more than 18,500 businesses operate all over the city.
And with a dynamic workforce, most of whom are slightly above 30 years of age, Richmond, VA, offers two of the most important elements that assembly and manufacturing companies are looking for: Great location, and exceptional workforce availability!
Making the Best of Contract Assembly
In an environment where Richmond offers so much to manufacturers and assemblers, businesses (both well-established ones and new start-ups) are looking for ways to get an edge over their competitors. If you are one of those business owners who is looking to make the best of the city’s opportunities, then here’s one way to do it:
Team up with Productiv
, a contract manufacturing, assembly, and fulfillment service provider that uses industry best practices to give its clients a competitive edge.
So, how will using contract assembly help you make the best of what Richmond has to offer? By using the economic and demographic qualities of the city, and offering you a cost-effective alternate to traditional in-house assembly.
- As a specialist in contract assembling, the Productiv team understands how to provide you with world-class assembly solutions. There’ll be minimal ramp-up time required, and you’ll save a lot of time and money by getting a running start.
- Contract assembly partnerships are a great way to ensure cost predictability in your operations. As they (contract assemblers) work to fixed price contracts, you can forecast what your own costs will be throughout the duration of the contract—no cost overruns or expense surprises!
- Because you are insulated from cost overruns, your margins will never be impacted. If, for some reason, the cost of labour goes up, or interest rates rise—which means the cost of capital increases—the contract assembler will absorb all of those costs. They hire the assembly line workforce, and they own all of the assembly line equipment. You’ll never experience margin compression!
- Even though Richmond, VA, has a large pool of young workers, your assembly business competitors will need to train them once they hire new workers. However, if you work through a contract assembly partner, you’ll never need to worry about spending time and money on assembly line worker training. That becomes the contract assemblers challenge to deal with!
It’s true that Richmond has a lot of enviable business-friendly elements to offer. But, by combining those characteristics with savvy contract assembly partnerships, your manufacturing or assembly business can super-charge what Richmond has to offer. And with a veteran contract assembly partner like Productiv
on your team, you’ll also benefit from world-class assembly best practices, including in areas like Quality Assurance, Lean Assembly, and Kitting.