Patel, Sitansh Rajnikant
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By surveying literature on the topics of contract manufacturing, this report describes how organizations can make use of contract manufacturing to enhance their profitability and competitiveness. This paper is intended to serve as a guide for organization executives, managers, and team members who are exploring contract manufacturing. It is a how-to manual, and addresses various issues involved in the contract manufacturing, and suggests a methodology for addressing them. Finally, the report briefly describes the perceived benefits of contract manufacturing, but lack of understanding of the total costs involved in executing this initiative may adversely affect many organizations. Thus, the question arises how company decides if contract manufacturing is the right decision, and if yes, then how they perform it effectively and efficiently?