Here's how you can initiate your own manufacturing operations business.

Market study works not just for entreprenours but for every singles product in a company. Not just the product itself but projects as well. My experience shows that MSs are good if the data extracted is very straight forward and the application is instant, otherwise it looses its core.

After you've determined a product and a niche market, if you are going to manufacture yourself, you must have an effective engineer as a partner or on your staff. Someone who understands CAD, CNC machine programming and the prototyping process.

Market analysis of any niche market also requires a few more steps to assist in product viability. This includes evaluating the End of Life for the market. If you require seed round funding this is a critical step that most investors will question. The second critical item for niche markets is to evaluate your widget or inventive step to weigh your impact at gaining consumers. In the modern age of technology there are very few new customers to a product ecosystem. Most customers have existing established relationships that must be persuaded to purchase your widget.

Design for manufacturing--- focus on supply chain As we know, purchsing volume will change the sourcing price significently. On design phase, sychronize the SKUs number of the material with supply chain crrews, balancing 1: Increased cost on sigle product BOM cost 2: MFG fixture, and manufacturing change over cost increasing comparing with general purchasing cost reduction through unifing the hardware design, is always complicated collaborative work, need deeply co-working and concession from design， sourcing team，MFG team together .

Having good experience in relevant product/item, their sales & market to launch a manufacturing unit is the first key. Once done with practical measures of quality, supply chain. problems in market of the relevant industry, if the industry is low cost & labor oriented, must go for third world country doing the same for international market since it will help to compete in the market. Having low funds availability, always go evolutionarily so that you could measure as well as improvise with passage of time and experience. Best method to start new manufacturing unit, must go with collaboration of another manufacturer you trust and experienced as trader/distributor. If you got sufficient funds to experiment, just join the industrial community

A business plan is usually tailored for fund raising, a strong operations plan with value stream mapping will take some of the confusion out of launch and scale. Operational dilemmas cause more sleepless nights than the high-level financial planning and vision activities often emphasized.

Network and find a good lawyer and a good compliance consultant. They should both be easy to find within a city. Then discuss the raw materials you'll be handling and production processes and they will help with all of your legal compliance.

Don't be afraid to purchase/lease something larger that is older. As long as the structure is sound, better to have more space for expansion than not.

Investing in facilities closer to the market sound about right. The logistics is logically cheaper. Just need to check takes and local benefits if in the end it works out well in your pockets.

Putting in extra effort to make sure you find suppliers that think of you as an important customer will pay dividends in the long run. Do your best to find suppliers who value your business. It may mean paying a little more early.

The whole supply chain is core to make it viable and fluid. Both suppliers and customers channel need to be very well aligned and the internal work flow (logistics) also needs to be optimized in order to avoid extra and non bennefecial moves. It always go "end to end"

From my experience I think the most important thing to add value to the market and to have unique sales point, - search for problems and solve it - challenge your self/company to be better every day - learn from the problems to be better always.

Train the teams and make them not just agile but engaged to the objetives of the company. People management in my opinio is exactly what every company needs the most.