Turnkey supplier
Turnkey supplier (also known as contract manufacturers) is a term referring to a company that manufactures parts or complete products that are then rebranded and sold to consumers under a better known brand. Brand name companies focus on product innovation, design and sales, while the manufacturing takes place in independent factories (the turnkey suppliers).[1]
Most turnkey suppliers specialize in simply manufacturing physical products, but some are also able to handle a significant part of the design and customization process if needed. Some turnkey suppliers specialize in one base component (ex. memory chips) or a base process (e.g. plastic molding).[1]
See also
References
- ^ a b Vind, Ingeborg; Fold, Niels (2007-01). "Multi-level Modularity vs. Hierarchy: Global Production Networks in Singapore's Electronics Industry". Geografisk Tidsskrift-Danish Journal of Geography. 107 (1): 69–83. doi:10.1080/00167223.2007.10801376. ISSN 0016-7223.
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