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When an OEM or EMS provider decides to adopt a BOM monitoring service into their supply chain, what do they expect to receive? And once it has been received, does it really provide what today’s supply chain requires? If we are discussing the vast majority of offerings currently available, the answer is relatively simple. With…
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…