Contract manufacturing-Management contracting-Turnkey contracts

By
R.Joy Prem Kumar
 Contract manufacturing
A company agreement between a company and a foreign
producer under which the foreign producermanufacture The
company’’s product is called contract manufacturing.
 CHARACTERIS
The company has less control of the production process, quality
control becomes essential to maintain the prestige of the brand.
The company has the possibility to enter more quickly in the
target market with less risk and more flexibility.
The company can promote their product as if manufactured
locally.
 MANAGEMENT CONTRACTING

Practice by which one company supplies another with managerial

expertise for a specific period of time."
 INVOLVED PARTIES
• The specialized knowledge of technical managers.
• The business-management skill of general managers.
 TURNKEY CONTRACTS
Turnkey means total responsibility of the project; the contractors
are responsible for both the design and the implementation of the
whole project. Turnkey contractor are available for complete the
whole project including design, construction. They finish the
whole work in a fixed period of time and in a fixed budget.
THANK YOU