As a contract manufacturer, our expertise includes engineering, product design, custom molding, sub-, and finished assembly, and the on-time delivery of components and finished products for major industries. We are a full service manufacturer streamlining the entire manufacturing process from start to finish, from supply-line development and management, process qualification, product testing, and final assembly, all the way to drop shipping.
There are several benefits associated with using a contract manufacturer:
Cost savings: Contract manufacturing can help companies reduce costs significantly. CMs often have specialized equipment, facilities, and expertise, allowing them to achieve economies of scale and lower production costs. They may also have established relationships with suppliers, enabling them to source materials at lower prices.
Focus on core competencies: Outsourcing manufacturing to a contract manufacturer allows the hiring company to focus on its core competencies, such as research and development, marketing, and sales. By entrusting production to a CM, the hiring company can free up resources and concentrate on activities that drive its competitive advantage.
Flexibility and scalability: Contract manufacturers offer flexibility in production capacity. They can quickly ramp up or down production volumes based on demand fluctuations without the hiring company having to invest in additional equipment or facilities. This scalability is particularly beneficial for companies with variable or seasonal demand patterns.
Access to specialized expertise: Contract manufacturers often have deep knowledge and expertise in specific manufacturing processes, technologies, or industries. By leveraging their specialized capabilities, companies can tap into the CM’s experience and benefit from their best practices, leading to improved product quality and efficiency.
Speed to market: Contract manufacturing can help companies accelerate their time-to-market. CMs typically have streamlined production processes and efficient supply chain management, enabling faster production and delivery of products. This approach can be crucial for companies aiming to launch new products quickly or capitalize on market opportunities.
Risk mitigation: Contract manufacturers can help mitigate certain risks associated with manufacturing. They assume responsibility for quality control, regulatory compliance, and production-related risks. This method allows the hiring company to offload some risks and focus on other aspects of their business.
Global reach: Contract manufacturing companies often have a global presence or access to international markets. Using a CM can be advantageous for companies looking to expand their operations globally or reach new customer bases. CMs may have established networks, distribution channels, and knowledge of international trade regulations, facilitating market entry for the hiring company.
Overall, a contract manufacturer can provide cost advantages, operational efficiencies, specialized expertise, and increased flexibility, enabling the hiring company to optimize its manufacturing processes, reduce costs, and focus on its core competencies.
With mobile, adaptable manufacturing, Ferriot tailors on-time production to vastly different needs, including short runs on assemblies with multiple parts.
Supply Chain Development
Supplier qualification and risk management process paired with existing networks of domestic and global suppliers
