Properly managing your product manufacturing and sourcing is critical for any consumer product company to understand. This is particularly true for entrepreneurs selling products on Amazon and other eCommerce platforms. But, how do you even know what product manufacturing questions to ask? A good place to start is to understand key manufacturing terms and why they are important to your business. In this video, Bryan Wilson, head of product development for Process, explains many terms such as bill of materials (BOM), cost of goods (COGS), contract manufacturer, right-sizing, and more.
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