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2018 has officially come and gone, and for many professionals involved in the manufacturing supply chain, the end couldn’t have come soon enough. Despite the electronic component market increasing approximately 8% – with even faster growth expected in 2019 with the rollout of 5G networks – supply has consistently failed to match the skyrocketing demand.…
While initial thoughts of the aerospace industry typically conjure images of fighter jets, commercial aircraft, and possibly aftermarket parts among those who are familiar with this world, we often forget to include the rapidly growing training and simulation market. Boeing, for example, has historically been a leader in this field, but their recent announcement of…
The state of the electronic component market is always changing, and in recent years soaring demand in certain industries is forcing component manufacturers to shorten the lifecycles of their products. The moment demand dips, the market leaves these companies no choice but to transition the part toward obsolescence and shift their focus where customer demand…
The frequent exhaustion aerospace OEMs face relying on suppliers has had an influential impact within their supply chains. With high demands for production, this should entail an equally high level of quality that exceeds customers’ expectations. But, sadly, this is not always the case. Constantly depending upon others may take away the OEM’s ability to…
Since we first implemented our Last Time Buy Solution, we have preserved over $100 million in working capital for our customers. But while it could be easily assumed that each last time buy was similar in its overall design, in fact the opposite is true. Each case is different, and our solution has the ability…
With the current electronic component shortage crisis, the relationships between OEMs and contract manufacturers are of the utmost importance. Continuing to conduct business as usual is no longer an option. Success can only be achieved by building better relationships across all levels of your supply chain — and if there’s a disconnect, everyone is impacted.…