True Cost of Manufacturing. The value of Contract Manufacturing

True Cost of Manufacturing. The value of Contract ManufacturingDo you know the costs of manufacturing? I mean really know. You know what your parts cost and you know how many hours that it takes but do you know the true cost?

There are 2 principles to follow to be successful in manufacturing. Always remember these 2 things:

  1. Earn more than you spend.
  2. Spend less than you earn.
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