What Is Toll Manufacturing?

Answer

Toll manufacturing also known as toll processing is an arrangement whereby one company with high specialised machinery processes raw materials or semi-complete goods on the behalf of another company.
1 Additional Answer
Toll manufacturing is widely used in the pharmaceutical, chemical and process industries, where a subset of the production processes are carried out by a secondary company. Ingredients are normally supplied by the originating company in order to control sourcing quality.
Q&A Related to "What Is Toll Manufacturing"
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A toll manufacturing agreement is an arrangement in which a firm ,which has a specialized equipment processes raw materials or semi-finished goods for another ...
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