What does contract manufacturer mean?
Definitions for contract manufacturer
con·tract man·u·fac·tur·er
This dictionary definitions page includes all the possible meanings, example usage and translations of the word contract manufacturer.
Wikipedia
Contract manufacturer
A contract manufacturer (CM) is a manufacturer that contracts with a firm for components or products (in which case it is a turnkey supplier). It is a form of outsourcing. A contract manufacturer performing packaging operations is called copacker or a contract packager. Brand name companies focus on product innovation, design and sales, while the manufacturing takes place in independent factories (the turnkey suppliers).Most turnkey suppliers specialize in simply manufacturing physical products, but some are also able to handle a significant part of the design and customization process if needed. Some turnkey suppliers specialize in one base component (ex. memory chips) or a base process (e.g. plastic molding).
Wikidata
Contract manufacturer
A contract manufacturer is a manufacturer that contracts with a firm for components or products. It is a form of outsourcing.
Numerology
Chaldean Numerology
The numerical value of contract manufacturer in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of contract manufacturer in Pythagorean Numerology is: 1
Examples of contract manufacturer in a Sentence
Hon Hai's vast network of clients can help absorb Sharp's LCD panel output, hon Hai, for its part, can consolidate its position as a contract manufacturer by taking in Sharp's display technology.
You need to know how to take your flights of fancy and make them reproducible by body presses, then weld, glue, and bolt them together, paint them, and then fill those shells with electrical systems and HVAC, at the very least, your best bet is to partner with a company that already knows how to do this, which is why the reports of talks with [contract manufacturer] Magna Steyr are fanning the flames even more.
If you're Apple, you clearly want control over everything to do with your product, you want a contract manufacturer, not really a partner.
Volkswagen AG wants to develop their own autonomous driving software, they want to create their own operating system. They want control over their own data. They want to compete with the tech guys, the Teslas of this world and anybody else who comes along, then Demian Flowers ask them,' Will Demian Flowers, Volkswagen AG, be the contract manufacturer to a tech guy ?' I just don't think they're going to agree.
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"contract manufacturer." Definitions.net. STANDS4 LLC, 2024. Web. 14 Sep. 2024. <https://www.definitions.net/definition/contract+manufacturer>.
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