Inventory Visibility in Contract Manufacturing
Contract Manufacturing on the Mechanism of Metal Gears. Contract Manufacturing is being widely adopted in industries nowadays. It was very popular in electronic industries. Everyone knows that Apple manufacturers most of its products with its contract Manufacturers. While Research and Development is done by the product owners, manufacturing execution is outsourced to contract manufacturers. Contract Manufacturing can be of two major types Consignment or Turnkey manufacturing. In Consignment manufacturing, all necessary material is procured by the product company and delivered to the [...]