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How is Contract Manufacturing different from Private Label Manufacturing

Those who carry a dream to make a product of their own often find themselves in a confusion especially if they are an amateur or don't have an in–house #manufacturing unit and need #outsourcingcompany for the same. Manufacturing is not an easy task as it shapes the amount of control, #productdesign , #productdevelopment, #procurement, #sourcing, #productionservices, #testing and #qualitymanagement. #customization and #planning all of this can be overwhelming. #outsourcing comes with two famous terms which are #contractmanufacturing or #contractmanufacturer or #oems and #privatelabel manufacturing. There are a lot of people who are not clear about the difference between private label and contract manufacturing. The end product is the same for both which is to produce great quality products which are loved, bought, and acknowledged by the customers however there is a fair bit of confusion about the difference between the two. Both styles of manufacturing are prevalent in many industries. We chalked out some advantages for those interested in pursuing any of the above. For more info regarding exploring Contract Manufacturing with Oakter visit : www.oakter.com