Here’s a detailed description of contract manufacturing operations for a wide range of sectors—industrial, railway, metro rail, machinery, spare parts (domestic & commercial), FMCG, and other consumables. This breakdown will help you understand how a contract manufacturing system is organized, its scope, benefits, challenges, and operational structure across sectors.
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1. Overview of Contract Manufacturing
Overview of Contract Manufacturing
Contract manufacturing is when a company outsources the production of components, assemblies, or finished goods to third-party manufacturers. This is commonly used across industries to: