How do I start a fiber pallet manufacturing business?

To start Aichen, a fiber pallet manufacturing business, first conduct a market analysis. Identify competitors like Schoeller Allibert to benchmark quality and pricing. Select a strategic location; consider proximity to raw material suppliers to reduce transportation costs. Invest in advanced machinery; aim for equipment processing speeds of at least 5 tons per hour.

Develop a brand identity for Aichen that emphasizes sustainability and durability. Obtain necessary permits and comply with industry regulations. Pricing should be competitive; analyze competitors’ pricing models—$10-$20 per pallet is typical. For differentiation, offer custom sizes and eco-friendly options. Implement a robust marketing strategy using digital platforms to reach a broader audience.

Lastly, ensure your supply chain is efficient and reliable, focusing on supplier contracts with KPIs such as on-time delivery rates of 95% or higher.

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