OBI, JAMES NWOYE (2011) “SURVIVAL STRATEGY” FOR THE ORIGINAL PRODUCT MANUFACTURER IN DEALING WITH CONTRACT MANUFACTURERS. International Journal of Social Science, 3 (2). pp. 1-13. ISSN 22288-122x
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Abstract
Contract manufacturing has become a popular strategy by which the Original Product Manufacturer (OPM) is able to fill excess orders which are beyond his normal factory capacity. This strategy is very useful to enable the (OPM) to satisfy and retain his customers. However, engaging a Contract Manufacturer (CM) to provide the best of services to the original product manufacturer can be a hazardous business. This kind of contract engagement has recorded good measure of successes as well as numerous failures and betrayals. The breach ranges from inability of the contract manufacturer to perform adequately to wholesale take-over of the product brand by the contract manufacturer. It is therefore advisable that the original product manufacturer should be cautious in revealing his top business secrets, core competencies and intellectual property to the contract manufacturer. As much as possible, the production contract should be in writing and must be made to cover all possible eventualities. Under thoroughlyframed contract agreement, contract manufacturers have been found to stay on course if they realize that a breach or betrayal will tell adversely on them.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Manufacturing, Contracting, Intellectual Property, Betrayal, Profit |
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 16 Jan 2018 10:48 |
| Last Modified: | 16 Jan 2018 10:48 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/10033 |
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