A contract manufacturer
("CM") is a firm that manufactures components or products
for another "hiring" firm. Many industries utilize this
process, especially the aerospace, defense, computer, semiconductor,
energy, medical, personal care, and automotive fields. Some types
of contract manufacturing include CNC machining, complex assembly,
aluminum die casting, grinding, broaching, gears, and forging.
In a contract manufacturing business model, the hiring firm - typically an OEM - approaches the contract manufacturer with a design or formula. The contract manufacturer will quote the parts based on processes, labor, tooling, and material costs. Typically an OEM will request quotes from multiple CMs. After the bidding process is complete, the hiring firm will select a source, and then, for the agreed-upon price, the CM acts as the hiring firm's factory, producing and shipping units of the design on behalf of the hiring firm. Many well-known companies use contract manufacturing as an alternative to operating and maintaining their own factories. Contract manufacturing can be used for anything from single components to a complete product. Printers, computers, and cellular phones personal care products are all examples of products that are made using this method. In an international context, establishing a foreign subsidiary as a contract manufacturer can have favorable tax benefits for the parent company, allowing them to reduce overall tax liabilities and increase profits, depending upon the activities of the contract manufacturer. |
Internet Resources : Flexicanbellows - Designing
bellows style expansion a joint presents the design engineer with
... The primary function of a bellows expansion joint is to absorb
the thermal... Hi-Tech Transducers &
Devices : As with anything mechanical, various parts of
a furnace can and do wear out. One important part is the Thermocouple.
The Thermocouple
is a safety feature that shuts off the gas if the pilot light goes
out or if there is an igniter failure. You must change a bad Thermocouple
as soon as possible. After you replace it, rest easy knowing your
furnace is working properly and safely. We provide Thermocouple
Sensor for exect measuring temperature. Thermocouples are temperature
sensors fitting for use with any make of instrument designed or
programmed for use with the same type of Thermocouples. |