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Some supply chain risks are predictable and even expected — and as such, OEMs, through proper foresight and preparation, can mitigate, if not outright eliminate, any issues that may occur because of them. Other risks, however, cannot be easily quantified, and therefore, cannot be predicted with any real assurance. One such instance is the inherent…
The silicon wafer market experienced a market boom between 2016 and 2018. In 2018 alone, silicon wafer shipments reached a record high of 12,732 million square inches (MSI), which was up 8 percent from 2018. Despite 3.6 percent market growth through 2019, however, certain areas of the silicon wafer industry have experienced a minor slowdown,…
The issue of counterfeit electronic components unknowingly entering into OEM product designs has always been an inherent risk, but as counterfeit suppliers have gotten more sophisticated in their approach and have succeeded in entering designs ranging from life-saving medical devices to military equipment, the electronics industry has of late been rushing to uncover solutions to…
Nothing is immune to change in the manufacturing industry. As consumer needs change along with advancements in technology, manufacturers do not, nor do they ever, have the option of remaining idle — or at least remaining idle with the expectation of retaining market share. In order to accomplish consistent market growth, or even remain competitive,…
It is easy for OEMs to consider their storage facilities, if they have such facilities at all, as entities that transcend time. Storage, by its very nature, typically is not really associated with innovation as much as keeping status quo. In other words, what gets stored should, presumably, maintain its same form and function for…
Imagine that your product sits on a shelf directly next to your competition. Now imagine that your customer strolls by with their shopping cart and considers each carefully. He or she picks the product up, reads the labels, perhaps shakes it a few times, and then, almost arbitrarily, decides which to take and walks away.…