Outsourcing On-Demand Manufacturing
When it comes to low volume, high quality, on-demand manufacturing in sectors such as mechanical, material handling, electrical, control systems, panels etc., OEMs and EPCs find it very difficult to find good quality players to whom they can outsource. Outsourced manufacturing in this sector is fragmented with many small and unorganized players, who struggle to maintain the difficult balance between quality, consistency and cost. They lack scale. They also do not have enough volumes or margins to invest in training, people development and competencies over the long term. So they lead a hand-to-mouth existence.
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