What is contract manufacturing? What are the advantages and disadvantages of contract manufacturing?
What will be an ideal response?
Contract manufacturing is used by firms, both large and small, that outsource most or all of their manufacturing needs to other companies. Its advantages are low financial risk, minimal required resources devoted to manufacturing, and the ability to focus firm's resources on other areas of the value chain. Its disadvantages are reduced control, reduced learning potential, and potential public relations problems.
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The seller of industrial products is part of the buyer's ________ and must provide timely inventory replenishment, service and maintenance, spare parts, and efficient order handling
A) supply chain B) communication channel C) service chain D) promotional program
Write a functional resume if
A) You have made steady progress in one ?eld. B) You want to change professions. C) You plan to enter the profession in which you received college training. D) You are a traditional job applicant.