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OEMs across the world are gradually coming to understand the importance of staying ahead of obsolescence in the acquisition of critical electronic components – and the consequences of not accounting for it. However, especially in competitive markets where component demand far outweighs an OCM’s ability to meet supply orders, there is another variable that can…
Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…
When it comes to storing electronic components, it’s not a matter of if an OEM needs to find a solution for it, but when — and at what cost. Virtually all companies at some point are forced to accumulate large quantities of inventory necessary to complete the life cycle of their product. This can be…
In a manufacturing supply chain, there are precious few constants. The price of a critical electronic component will fluctuate in accordance with customer demand, for example, as well as the demand for the OEM product among consumers. Yet, somehow, in a marketplace where change is the only true constant, manufacturers must find a way to…
Driven by increased travel demand and decreased fuel costs, the aerospace industry is perfectly poised for a new era of growth and expansion. In a recent study, the aerospace sector grew by 2.4 percent in 2016 alone, with a total revenue nearing $674 billion. With such opportunity, however, aerospace leaders such as Boeing and Airbus…
The production of an electronic component largely mirrors that of any other commodity – and as such, it rests on the changing winds of consumer demand. If there are many products that require the same component for extended lengths of time, and it makes financial sense for the OCM to continue production of that component…