Contract Manufacturing

Contract Manufacturing can be the solution to achieving increased efficiency, cost savings, and compressed timeframes. So, what is contract manufacturing? Contract manufacturing refers to the way in which companies entrust the processes of their business functions to external vendors. This includes functions like product design...

The Customer Journey is one of the oldest marketing concepts. It encompasses every path traveled by a customer from the moment they contact your company until the purchase takes place and the subsequent period of loyalty. Companies that know how to deal adequately with the client’s...

When a corporation signs a contract permitting another firm to provide a product, it transfers management over that product to the new contract manufacturer. Therefore, it is crucial that the corporation form a very good relationship with its contract manufacturer. Most corporations work cohesively with the...

The industrial manufacturing industry is in flux, driven by business pressure, market trends, and new technologies. By 2020, industrial machinery and components (IM&C) companies are anticipating and planning for trends that will directly affect their viability and priorities. Not surprisingly, most manufacturing businesses and their...

Many companies today are strategically using outside resources to carry out activities that are otherwise handled by the internal staff and resources. This is what is known as outsourcing, and it usually involves contracting out major functions to providers that specialize in such services. Due to...