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Contract manufacturing and toll manufacturing are two business models used by companies of various sizes. Contract manufacturing involves a company forming a contract with a manufacturer to produce a specific quantity of products for a specified time, often referred to as private manufacturing or white label. This approach allows companies to leverage external facilities for their production needs. In contrast, toll manufacturing typically involves a company providing raw materials to a third party, which then processes these materials into finished products for a fee. Both models offer flexibility for companies seeking efficient manufacturing solutions without the need for extensive in-house resources.