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ppp23 replied to the topic Professions in Academia and the Industry in the forum Introduction to Medical Device Development 7 years, 7 months ago
Hello kak33,
I have been working as a Production and Purchasing Manager in Health Concepts since 3 years. We initially used to buy vitamins, supplements, proteins and health products from distributors and sell them on Amazon. The profit margins being so high, we decided to introduce our own brands though sales and profits were low initially but once they got recognition in market, sky was the only limit. So where do we buy these vitamins, supplements, proteins etc? Pharmaceutical companies. Large orders being placed since sales picked up. Due to competitive market profit margin became less. This triggered us to start our own facility that would satisfy our requirements, less expensive and good quality products. Starting a manufacturing unit was not a easy task. Getting the machines, labor, GMP facility, raw material suppliers and many more.
Although setting up manufacturing unit was not an easy task, me and my team of 15 members are everyday thriving to get the best out of our self to achieve our targets