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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 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...