Business Studies, asked by prathamstha93, 2 months ago

what is contract manufacturing? write it limitations.​

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Answered by sharikhzeba1
0

Answer:

Did you mean: what is contract manufacturing? write its limitations

2. Local manufacturer in the foreign country loses his control over the manufacturing process because goods are produced strictly as per the terms and specifications of the contract. 3. The local firm producing under contract manufacturing is not free sell the contracted output as per its will

Answered by rajdipganguly26
0

Answer:

A contract manufacturer is a manufacturer that contracts with a firm for components or products. It is a form of outsourcing. A contract manufacturer performing packaging operations is called copacker or a contract packager.

Limitations of Contract Manufacturing : The local firms producing under such kind of agreement are not free to sell the contracted output to anywhere and anybody else. Local manufacturers has no control over manufacturing process because the goods are produced as the per the guidelines given under the contract.

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