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Copacker
A contract packager, or copacker, is a company that packages products for their clients. The packaging and labeling services can be used for many types of products including foods, pharmaceuticals, household products, and industrial products. Functions of contract packaging There can be a variety of reasons for using contract packaging. * A contract packager may have specialized equipment and expertise needed for a particular packaging operation. * A contract packager carries the capital costs of packaging machinery and the personnel costs of packaging line workers * A manufacturer can focus on its core competencies and outsource packaging to a contract packager * There may be a temporary need for additional capacity: surge projects * Contract packagers often can be more flexible than a large corporation to schedule urgently needed production. * A test market, promotion, or product modification may need a limited packaging run to produce products for evaluation * Primary packag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contract Manufacturer
A contract manufacturer (CM) is a manufacturer that contracts with a firm for components or products (in which case it is a turnkey supplier). It is a form of outsourcing. A contract manufacturer performing packaging operations is called copacker or a ''contract packager''. Brand name companies focus on product innovation, design and sales, while the manufacturing takes place in independent factories (the turnkey suppliers). 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). Business model In a contract manufacturing business model, the hiring firm 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 a hiring firm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
