Danny Choo
Mirai Suenaga - photo taken near our offices in Gotanda Tokyo
Finance
My wife is not only the Ministry of Finance at home but at work too. The finance team will need to grow soon after we implement as much workflow automation as possible.
Each Smart Doll retails for 60,000 yen - while this is a competitive price compared to other manufacturers of similar products, the price is a little too high for what I would like it to be.
Our vendors charge high unit costs for the quality that I demand which reflects on the retail price of Smart Doll. However, I believe that cost cutting can also be done in other areas rather than reduce costs through reducing quality.
As a startup, our costs are high because we are still new to the game. But as time progresses, we will generate relationships with more vendors and have more hands on deck to find time to streamline workflows and embrace various technologies that all amount to saving costs which we can then pass on to the consumer.
Another reason why we have high costs is that all body components are made in Japan. Even our boxes and bags are made here too. Speaking with other hobby makers, I hear that they can make stuff in China for 10 times less than what it would cost to make in Japan. At the moment however, I want to continue to manufacture in Japan and take on the challenge to see how far I can reduce my costs.
View more at www.dannychoo.com/en/post/27288/About+Culture+Japan.html
Mirai Suenaga - photo taken near our offices in Gotanda Tokyo
Finance
My wife is not only the Ministry of Finance at home but at work too. The finance team will need to grow soon after we implement as much workflow automation as possible.
Each Smart Doll retails for 60,000 yen - while this is a competitive price compared to other manufacturers of similar products, the price is a little too high for what I would like it to be.
Our vendors charge high unit costs for the quality that I demand which reflects on the retail price of Smart Doll. However, I believe that cost cutting can also be done in other areas rather than reduce costs through reducing quality.
As a startup, our costs are high because we are still new to the game. But as time progresses, we will generate relationships with more vendors and have more hands on deck to find time to streamline workflows and embrace various technologies that all amount to saving costs which we can then pass on to the consumer.
Another reason why we have high costs is that all body components are made in Japan. Even our boxes and bags are made here too. Speaking with other hobby makers, I hear that they can make stuff in China for 10 times less than what it would cost to make in Japan. At the moment however, I want to continue to manufacture in Japan and take on the challenge to see how far I can reduce my costs.
View more at www.dannychoo.com/en/post/27288/About+Culture+Japan.html