Turnkey

Definition
This term describes the type of manufacturing relationship a brand has with a co-man, in which the co-man makes the entire product. They will be in charge of ordering the ingredients and packaging and making the product, and you will be billed for the finished product. This type of relationship favors businesses who have a large number of products or a high volume, and don’t want to manage all of the components. Also see: Tolling
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