Factored Quality

If you ask any consumer VC, they’ll tell you “retention” is one of the most important metrics in 2023. Yet many DTC brands overlook the most important lever for retention: consistent product quality. With global manufacturing becoming the norm, ensuring consistent product quality may feel impossible. This is why we created Factored Quality – and why top DTC brands like Canopy are using our platform. We talked to Michael De Santis, one of Canopy’s founding team members, about how they de-risked their global supply chain. Here’s what you’ll learn: - How Canopy saved over $70K in rework and shipping costs Why avoiding quality issues helped Canopy reduced returns by 17% How Canopy cut their defect rates to less than 5% - De-risking your supply chain can feel incredibly daunting – but ignoring product quality could break your business. - Learn more about how Factored Quality created a single source of truth for Canopy’s global supply chain – and saved them thousands in the process. #manufacturing #supplychain #quality #shipping #team https://lnkd.in/eQtwwYVG

🚀 Exciting News from the Factored Quality product team! 🚀 We're thrilled to introduce two powerful new features on our platform: A Document Manager and Digital Checklist Builder. These enhancements are designed to streamline your workflow and ease your experience with the FQ platform. 📄 Document Manager: A centralized hub for seamless file access and organization. ✔ Checklist Builder: Browse preloaded checklists or customize your own for consistent and personalized quality control. For a detailed walkthrough of these updates, take a look at this month's changelog ➡ https://lnkd.in/dtJ87KDf #QualityControl #Innovation #FactoredQuality #SupplyChainTransparency #NewFeatures #EfficiencyBoost

Tracking the newest laws affecting your product is a full-time task. However, keeping up with legal changes is vital to staying compliant and protecting your brand. That’s where our Compliance Gap Analysis tool comes in handy with tailored insights that consider every possible consideration for your product — all in less than 10 minutes. This thorough review (and a chat with our team of experts) answers any questions you may have and delve deeper into your specific gaps. That way, you can set your brand up with a roadmap for selling safe products without the added stress. Take the quick assessment and see the potential risks facing your products: https://lnkd.in/dTs6jtA7

FQ is built on our team’s passion for helping brands with their product quality needs. Our newest Account Executive, John Reynolds, fits right in with a curiosity for making supply chain efforts easier for our clients. John brings over 10 years of experience with freight industry leaders like Flexport and a valuable perspective that helps brands improve their QC processes. “With my freight background, I’ve seen the effects of poor quality,” John says. “All that time invested in POs means nothing if you get a defective product and can’t sell it.” Keep reading to see how John’s passion and experience support e-commerce brands: https://lnkd.in/d2vHnaAT

Exciting news! Factored Quality was recently featured on Dynamo's podcast, The Future of Supply Chain 🎙️ A big thank you to the team at Dynamo Ventures for having our CEO, Prince Ghosh, on the show. In this episode, they dive into: ➡️ The importance of quality control ➡️ Traditional methods of quality assurance ➡️ Integration of technology and AI in the future of supply chain management Listen to the full episode to learn how Factored Quality is transforming quality control into a hassle-free experience. Check out the episode here 👉 https://lnkd.in/gAjiNvEG

With each new consumer protection law (like MoCRA), quality control becomes increasingly important for beauty brands. And yet, despite stricter regulations, many cosmetics companies still rely solely on their co-packaging or co-manufacturing partners to handle QC. Staying compliant demands a proactive partner who’s explicitly focused on quality. That’s why our team at FQ works hand-in-hand with brands to ensure compliance and elevate their quality standards. Learn how: https://lnkd.in/dU94cRAf

Excited to drop our latest resource: the Supplier Master Services Agreement (MSA) Template. After speaking with numerous ops leaders, we've recognized the need for a comprehensive, easy-to-use tool for solidifying partnerships with contract manufacturers, suppliers, and factories. Our MSA template covers key aspects like defining relationships, engagement duration, product development, manufacturing requirements, shipping terms, quality expectations, and confidentiality. This resource is ready for you to download and customize to fit your specific needs. We hope it enhances your supplier management efforts! 🔗 Download the Supplier MSA Template here: https://lnkd.in/d3ydaq9p Disclaimer: Factored Quality is not responsible for the use of this document. We recommend having an independent lawyer review the terms for your specific business needs.

Excited to unveil the latest edition of "The FQ Focus," your essential resource for updates and insights from Factored Quality. 🔍 In this issue, we explore the impact of new regulatory changes on quality control, provide tips for optimizing your supply chain management, and highlight the success stories of our recent partnerships. Dive in to stay informed and ahead of the curve! Subscribe and keep an eye out for next month's content 👀

Misen has built their brand on high-quality cookware. Without a complete view of QC trends, Misen could only spot product defects after they arose. Quality issues went unseen and popped up randomly. Misen needed proactive QC processes to ensure exceptional products for their customers. By turning to Factored Quality, Misen’s team gets clear data that informs how they refine manufacturing over time to produce strong, long-lasting cookware. Now, Misen can avoid quality concerns from the start rather than react to customer complaints. Check out the full case study below: https://lnkd.in/dif_GAXz

Thanks Madeline Stone for the chance to talk to Business Insider about what’s happening in the Supply Chain Technology world. Supply chains have become ever more complex, and Shein has a potential solution: selling its supply chain architecture… as-a-service. Check out Madeline’s piece below to see some commentary on the unforeseen challenges w/ taking this on as a consumer goods brand - particularly in apparel and fashion as a category. https://lnkd.in/dm47fuGq