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Manufacturing companies facing Challenges now-a-days

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If your big idea is a physical product or gadget, you may need to enlist the service of a contract Manufacturing companies in Nigeria to bring your product to market. There are number of challenges facing many manufacturing companies today. The environment and economy of Nigeria has changed tremendously as the activities of these MNCs cut across the fact of the Nigerian sectors: finance, banking, industrial, manufacturing, telecommunication, power, etc. Nigeria, said to be giant of Africa and with a robust population of over 150 million, can boast of bountiful supply of human resources, both skilled and unskilled, made up of men and women, account for the capital base of the nation. The market is continually changing and the conditions are quite scary. The market has shifted and keeps shifting. This calls for continual market study and quick response to the needs of the market. Production materials prices keep fluctuation/rising thereby causing unstable product prices. Buyers ar