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Each year that passes in the world of manufacturing seems to operate around a particular theme. In 2018, this theme appears to be working capital management, with supply chain executives making it a priority to squeeze the cash flow cycle as much as possible as the predictions regarding interest rates and inflation continue to look…
For an $838 billion industry, the aerospace industry, comprised of aircraft manufacturing, missile & defense, space, and MRO sectors, is remarkably centralized. According to a study by AeroDynamic Advisory and the Teal Group, 87 percent of the industry’s output derives from just 10 countries. The scale of output some of these countries are responsible for…
As a component manufacturer, it’s difficult to put a price on the value of exposure. Expanding the consumer base is the core mantra of every marketing department in every industry, and often this requires spending a little money to make a lot. In the electronic component sector, this money is commonly spent on subscribing to…
While most discussions centering around EOL components typically imply concentrating on the end of an OEM product’s lifecycle, any true discussion of substance concentrates on the very beginning. Preparation vs. Adapting Any EOL management strategy that revolves around adapting to supply chain challenges as they arise is one doomed to failure. In a competitive marketplace…
Since the early 1900s when Henry Ford pioneered the original assembly line, the evolution of the supply chain has been tightly linked to the auto industry — and ever since it has been held up by manufacturers as a shining beacon representing what a supply chain is capable of. Compared to most modern manufacturers, auto…
Regardless of the industry your company operates in or the products you bring to market, you are subservient to the cash conversion cycle (CCC). While explaining the factors that create this in detail is worthy of an article in itself, for the sake of simplicity I will define it as the amount of time it…