Episode 15 :: Outsourcing to a Co-Packer
Understanding the purpose, problems & potential profits!(Video + closed caption available on YouTube)IN THIS EPISODE OF THE GOOD FOOD CFO i am JOINED BY ASHLEY SUTTERFIELD, CEO OF METZGER & ROTH. TO HELP YOU CLEAR ON THE PROCESS AND (YOU GUESSED IT) COSTS OF PARTNERING WITH A CO-PACKER
Scaling a food + beverage business often requires outsourcing your manufacturing to a co-packer, and if you’re new to the industry there is a lot to learn! Ashley combines her expertise in manufacturing, strategic planning, and one-on-one coaching to guide companies as you navigate the world of co-packing. She specializes in helping you simplify the process step-by-step. We’re excited for you to listen in!
In this episode of the Good Food CFO Podcast Ashley covers…
When it’s the right time to partner with a co-packer
Keys to creating a long-term relationship with your co-packer
The co-packer selection + onboarding process
Costs + options for developing your product formulation
How per unit costs are determined by the co-packer
Production test runs + costs
Process authority letter purpose + fees
Additional costs and considerations for shelf-life testing, storage, shipping + more.
The importance of cash flow for your initial product run
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