We buy inventory so you don't have to.
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…
The last decade has seen a drastic increase in the responsibilities taken by EMS providers. In addition to final assemblies, they often play a vital role in finalizing the OEM product’s design, sourcing cost-effective parts and processes that may be more beneficial to their customer’s bottom line. In some cases, they can even use their…
According to Reuters, the International Institute of Finance forecasts 2018 global growth at 3.5 percent. While this is reported to be an optimistic outlook for the global economy in terms of job growth and reduced employment, such growth also increases the risk of inflation. This news is of particular interest to the manufacturing industry, who…
The longer the OEM projects the lifecycle of their product to last, the more last time buy inventory needs to be purchased – and because long-term inventory needs can rarely be forecasted perfectly, OEMs prefer to have too much inventory than not enough. Every component, semiconductor, and necessary computer product, even the ones that may…
There are some aerospace products that will never be considered obsolete. Many of the largest component manufacturers in the industry have been supplying nuts and bolts to aircraft specifications for decades — and other than oscillating between titanium, stainless steel, aluminum, and other exotic materials, those designs are not going away anytime soon. Other products…
“There’s a degree of irony in the fact that, in the face of the most significant component shortage since the turn of the century, OEMs are regularly holding high-level meetings about how to rid themselves of on-hand inventory. It’s the classic ‘have your cake and eat it too’ dilemma; despite their inherent need to support…