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Contract Manufacturing

oboloo Glossary

Contract Manufacturing

Contract Manufacturing is a process where an organization outsources the production of a particular product to an external manufacturer. This type of agreement allows companies to take advantage of the expertise, resources, and cost-effectiveness of another manufacturing facility while they focus on other core business activities. From start to finish, contract manufacturing processes can include product design and development, materials procurement, components fabrication, assembly and packaging services all managed by experienced professionals. It’s an efficient way for businesses to keep up with increased demand and launch new products faster with improved quality standards.

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