39 articles
To maximize your profits, you must know exactly when and how much to order from your suppliers and co-packers. A seamless supply chain ensures that you have the materials you need to continue making and selling your products. There can be a fine line between ordering too much and too l
Intro Why is it important to work with the right co-packer and have a great relationship with them? The obvious answer is so you can have products to sell. And that’s where it starts. But really, it goes beyond that. Your co-packer and suppliers are your most important partners in busin
https://youtu.be/tcT6xXQBYmA Inventory and Operations Management For CPG Brands Request a 30-min Fiddle Demo: https://fiddle.io/demo Get free access to the Ultimate Supplier & Co-Packer List: https://fiddle.io/connect
What are they? Let’s start this off by defining what a lot number is and why you should care about it. But before we define lot numbers, we need to define lot tracking. Lot tracking is the process or system used to track product lots or batches along the entire supply chain from th
Introduction Here at Fiddle, we help CPG founders and operations leaders scale their inventory operations. A huge part of what you do on a daily basis involves tracking inventory levels, sales numbers, product costing, lead times, batch numbers, and more. When you started your
As a business owner, tracking inventory and ordering supplies is one of your most essential tasks. While it may not be the most exciting of tasks, it’s essential for the success of your company. To create a well-managed purchasing process, you need to use purchase orders. What are purchase
Are you wondering how to source functional ingredients for nutraceutical products? Nutraceutical products can provide many different physiological benefits to the body. However, to reap the most benefits possible, you need to make sure you’re sourcing functional ingredients. Where do your
Are you looking for a raw material supplier for your business but aren’t sure which supplier to choose? Raw materials play a very important role in the production process of every CPG brand. Consistency in raw materials is essential for creating standardized, mass-produced products. If
https://www.youtube.com/watch?v=gs1j0mCWftg&t=338s A big key to success for any CPG brand is to know your true profit margins. Successful brands do that by tracking all sales, production, and costs in order to better understand when and how to scale. The best way that we’ve found to
In today’s world, automation is all around us. When implemented effectively, automation can increase production rates and productivity, promote more efficient use of materials, develop better product quality and reduce factory lead times. For small to medium sized businesses, automation is the key
You started a business, you have products ready to go out the door and sales coming in. One piece of inventory goes out, you replace it with another. Easy enough! Or so you thought. Suddenly, an order gets returned, another is lost in transit, you’re setting inventory aside for the farmer’s mar
Before we get started, we’re assuming that you have already nailed your recipe or formulation. After that, your next step should be to find a co-packer to make your product exactly the way you want it and at the best price point. By asking these specific questions prior to partnering with