contract manufacturing

  

Definition

Production of goods by one firm, under the label or brand of another firm. Contract manufacturers provide such service to several (even competing) firms based on their own or the customers' designs, formulas, and/or specifications. Also called private label manufacturing.

Use this term in a sentence

  • You need to be able to handle all of the contract manufacturing to get everything made on time for your customers.

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  • Our contract manufacturing agreement was really coo and it allowed us to do a lot of new things at the same time.

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  • Apple computers, one of the biggest tech companies in the world, uses contract manufacturing for their computer parts through firms like Foxconn.

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