NOHO, INC. TO CONSOLIDATE OPERATIONS AMID BOOMING ALCOHOL The Company is finalizing an agreement with a Florida-based supplement manufacturer to assume production, packaging and fulfillment services from a single location.
Currently, the After Shot is manufactured and packed in one facility and the full product is shipped to a separate fulfillment center. Through the new logistics partner, the product will be shipped from the formulator in a concentrate, without water, which reduces shipping costs substantially. The product will then be finished, bottled and packed in the Florida location, which is an FDA/cGMP registered facility. Unlike most manufacturers and bottlers, our new logistics partner also has fulfillment capabilities on premises. As a result, the Company will eliminate the entirety of those shipping expenses. Further, reducing costs, the pick and pack charges incurred with each consumer sale are substantially lower than those of the current provider. As the Company seeks to launch three new products in 2022, starting with the nootropics, focus formulation, the cost savings achieved with the After Shot will be multiplied across the entire product line.
https://www.globenewswire.com/news-release/2021/12/13/2350609/0/en/NOHO-INC-TO-CONSOLIDATE-OPERATIONS-AMID-BOOMING-ALCOHOL-SALES.html