#1
21st March 2016, 04:06 PM
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Contract Manufacturing
Hii Buddy , I want to know What is Contract Manufacturing ? And Also Provide me Defination .
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#2
21st March 2016, 04:07 PM
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Re: Contract Manufacturing
A Contract Manufacturer ("CM") is a Manufacturer that Contracts with a Firm for Components or Products. It is a form of Outsourcing. In the Food Business a Contract Manufacturer is Called Copacker. Definition : Production of Goods by one Firm, Under the Label or Brand of Another Firm. Contract manufacturers provide such service to several (even competing) firms based on their own or the customers' designs, formulas, and/or specifications. Many Industries Use this Process, Especially the Aerospace, Defense, Computer, Semiconductor, Energy, Medical, Food Manufacturing, Personal Care, and Automotive fields Some types of Contract Manufacturing Include : CNC Machining, Complex Assembly, Aluminum Die Casting, Grinding, Broaching, Gears, Forging The pharmaceutical Industry use this Process with CMs called Contract manufacturing organizations. |
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