Manufacturing Outsourcing

Manufacturing outsourcing is when a company hires another firm, often in a different country, to produce its goods instead of manufacturing them in-house. This allows the company to reduce costs, access specialized expertise, and increase production flexibility. The external manufacturer handles tasks like creating components or assembling finished products, while the original company manages design and quality standards. Outsourcing can improve efficiency and competitiveness but also requires careful coordination to maintain product quality and delivery timelines.