Ben & Gaws - Contract Manufacturing - PowerPoint PPT Presentation

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Ben & Gaws - Contract Manufacturing

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Contract Manufacturing is a process followed by many companies where they allocate the contract to the third party to complete the project. This third party is a vetted, verified company that completes its task on time to meet the given requirements according to the customer. Ben and Gaws follows the process of Contract Manufacturing and assigns the project assigned by the client to its vendors.The Ben & Gaws Legal branch's guidelines and strategies aid in the proper execution and completion that is. – PowerPoint PPT presentation

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Title: Ben & Gaws - Contract Manufacturing


1
Ben Gaws Private Limited Contract Manufacturing
2
What is Contract Manufacturing? Contract
Manufacturing is a process followed by many
companies where they allocate the contract to the
third party to complete the project. This third
party is a vetted, verified company that
completes its task on time to meet the given
requirements according to the customer. It's
like if you have been given an order, and you
have decided to outsource its fabrication and
deliver it to the End Customer. This method
/approach of manufacturing is used by many
companies. Ben and Gaws follows the process of
Contract Manufacturing and assigns the project
assigned by the client to its vendors.
3
Benefits of Contract Manufacturing- When a
company gives a contract to the vendors for the
entire project or some of the parts or
components, it is assured of several benefits and
profits, be it in terms of money, time or
quality. 1) Quality - The assigned vendors
are experts at their job. They are specialised in
their area which ensures the production of
high-quality products. The results are better as
the involved personnel know their job and are
good at execution. This establishes trust in the
processes between vendor and buyer. The company
can be rest assured of the quality and standards
of the deliverables to the client company. They
know that the quality will not be compromised as
their project is in the hands of a team with
skilled and talented engineers using high-quality
tools and equipment.
4
2) Can focus on marketing- When a company
assigns the job of manufacturing to another
company, it gets freed from various tasks related
to the product manufacturing, inventory
management, capital investment etc. So, it can
focus more on other aspects of the businesses
like sales, marketing, business development etc.
3)Timely delivery- Since the vendor network is
extremely good and efficient at its job, it
invest less time in research and development
rather focus more on production quantity. They
are best at their job and experienced in
delivering in right product faster. They value
timely delivery because it establishes trust and
ensures business. Hence, this process is known to
yield better and faster delivery. This way the
company which hires another company for the
specific products or complete projects also saves
its own manufacturing time. This results in
quicker delivery of products and services to the
customer.
5
4) Cost-effective- This way of production is a
cost-effective technique of manufacturing. As the
hiring company does not have to use its own
products, raw materials, this saves them a lot of
money and investment. Hence, the hiring company
doesnt invest in raw materials, production,
machinery, material costs, setting up of a plant,
etc. Thus, it saves operation costs as well as
there is no need to build or run a fully
functional factory for all components
manufacturing. 5) Better and easy access to the
markets- Contract manufacturing, overall, has
several benefits. Apart from saving energy and
money, this form of process also helps to create
a reputation and name in the market. With
consistent and timely delivery of high -standard
quality products, it opens a market for business.
With less expenses to bear, the companies gain
profits by entering and venturing in local as
well as global markets.
6
About Ben and Gaws- Ben and Gaws Private
Limited is a leading and renowned company which
deals with manufacturing of equipment and
machinery. It is an engineering organisation that
specialises in designing and installation
techniques for the project. It has its
headquarter in Delhi. Ben and Gaws Legal is the
legal department of Ben Gaws Pvt Ltd, which has
been in place to protect the company's policies
and to oversee the overall quality and standards
of its products. This legal sector is in charge
of ensensuringhat the process runs well and
providing suggestions and solutions for increased
efficiency. The Ben Gaws Legal branch's
guidelines and strategies aid in the proper
execution and completion that is.
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