Contract manufacturing
Revision as of 12:33, 18 July 2020 by EshwaN (talk | contribs) (Created page with "Contract manufacturing is producing private-label goods. A production method in which one company hires another company to manufacture parts or goods under its label and a...")
Contract manufacturing is producing private-label goods. A production method in which one company hires another company to manufacture parts or goods under its label and according to its specifications.
Definition
According to the HRBoK Guide,
- Contract manufacturing. Producing private-label goods. A production method in which one company hires another company to manufacture parts or goods under its label and according to its specifications.