Pre-manufactured parts are components of a product that have been manufactured by another factory elsewhere. They are manufactured to a specification, examples are hinges and electronic components.
Designers use pre-manufactured parts because:
It saves time and effort because not every single item of a product need to be designed
Mass produced pre-manufactured parts are likely to be cheaper to buy-in than to manufacture yourself
Many pre-manufactured parts are made to a standard so can be selected for a particular purpose
If a product needs to be repaired, replacement parts are much easier to come by if they are standard pre-manufactured parts
A factory does not need to invest in specialist equipment to make pre-manufactured parts