A leader in vaping technology and precision dosing, Ispire Technology Inc. announced that its subsidiary, Ispire Malaysia Sdn Bhd, received three ISO certifications for its 31,000 sq ft manufacturing facility in Malaysia.
What are ISO certifications and why are they important?
ISO (International Organization for Standardization) certifications are internationally recognized standards that set the criteria for quality, safety, efficiency and other aspects of operations in various industries. ISO certifications help manufacturers improve their processes, reduce errors and enhance product quality, leading to higher customer satisfaction. By adhering to these standards, manufacturers can also streamline their operations, reduce waste and optimize resource utilization, leading to improved productivity and cost savings.
What are the three ISO certifications that Ispire Malaysia received?
Ispire Malaysia Sdn Bhd received three ISO certifications: ISO9001: 2015 Quality Management System, ISO14001: 2015 Environmental Management System and ISO13485: 2016 Quality Management System Medical Device. These certifications demonstrate that Ispire Malaysia’s manufacturing facility meets the specific requirements and guidelines of each standard.
How will these certifications benefit Ispire Technology Inc.?
By earning these three ISO certifications at its Malaysian manufacturing facility, Ispire Technology Inc. is able to expand its gross margins, geopolitically derisk its production and service other businesses who need manufacturing for their vape hardware. The company expects to increase its gross margin due to the lack of a tariff when assembling products in Malaysia and then shipping them to the U.S., as opposed to the 25% tariff incurred when shipping finished products from China. Additionally, by owning the factory, the company also expects to be able to realize a profit on product assembly, which was formerly outsourced to a third party. The company anticipates that these efficiency improvements will help drive gross-margin growth across its full array of high-quality vaping products.
What are the products that Ispire Technology Inc. offers?
Ispire Technology Inc. is a leader in vaping technology, research and development and design and innovation that is forging the worldwide industry standard for vaporized products. The company offers a complete line of cartridges, pod systems, disposables and batteries.
Where can I find more information about Ispire Technology Inc.?
You can visit the company’s website at ispiretechnology.com or follow them on social media platforms such as Facebook, Twitter or Instagram. You can also contact them at info@ispiretechnology.com or +1 (213) 555-1234.
