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Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one step ahead, but, in fact, you’re actually two steps behind. Obsolescence has become an urgent issue which manufacturers are more…
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.…
It doesn’t take much to understand that medical equipment is wildly crucial in our world today. But the prolonged lifecycles of this equipment necessitate a need for regular updates and adherence to long-term service commitments – which are expected to be handled promptly. When a machine breaks, time is of the essence. Our OEM customers…
While all obsolescence management strategies have the same goal of ensuring the lifecycles of OEM products despite any unforeseeable disruptions, they are not all alike. Now, just because each strategy may be different in form, that does not mean they differ in terms of importance. It is unwise to consider any such strategy as “one-size-fits-all,”…
The passive electronic components that make up so much of what we use in our everyday lives are getting both smaller and more common. 15 years ago, the total number of components that made up the typical cellular phone was around 60. Today, that number has ballooned to over 1,000. Everyone has heard that there…
The benefits of adopting a BOM monitoring service need no elaboration. Lead times for once commoditized passive components are now approaching near historic highs — in some cases beyond 52 weeks — and as component manufacturers continue to ramp up production to meet escalating demand, the lifecycles of their offerings continue to shorten. The problem…