A contract manufacturer is a manufacturer of components or products for a company. This is a form of outsourcing. Typically, a company in need of a contract manufacturer will reach out to one with manufacturing ability and get a quote for the process, labor, tooling and materials. If the price of doing business is less than the costs of manufacturing, it’s good to move forward.
Contract manufacturing is when a company enters into an agreement with another manufacturer to produce components or products over a specific timeframe and requirement. This is subject to outsourcing on a manufacturing level.
Contract manufacturing is a business agreement where one company pays another to provide the necessary components to assemble finished goods, or even manufacture the product or semi-product in its entirety. Contact manufacturers are most only work as subcontractors or sell their products to other businesses.
Working with a contract manufacturer can ensure the quality of products. As an electronic contract manufacturer, Prosoyo Technology has rich experience in manufacturing a wide range of electronic products, so we are well-versed in different standards and compliance for different industries. We also have the expertise and equipment required to fulfill manufacturing and other processes, so we can ensure the quality of product meet customer’s requirements.
For this relationship to work there needs to be transparency and collaboration between the two parties. As a contract manufacturer for more than 26 years, Prosoyo Technology Ltd. can creates manufacturing schedules, share with customers and track progress and costs in real time. Contact us to become your valuable contract manufacturer.