The costs of last time buy inventory go far beyond the initial cost to acquire it; in fact, according to a recent survey of equipment manufacturers, the annual costs of carrying inventory alone are, on average, greater than 21% the original cost of the product. Despite this reality however, the need to acquire last time…
Most aviation-related manufacturers run at tight margins even in the best of times, so the shock of the COVID-19-related shutdown of many supply lines has been difficult to overcome, to say the least. It is worth noting that the current crisis also comes at a time when aviation manufacturing is already struggling. Parts suppliers, component…
The inventory procurement process in the middle of a production run for most manufacturers moves so fast that many engineers do not stop to consider exactly how the process is typically structured. Rather than viewing the process as a singular event, it instead can be broken down into a three-step process: notification, inventory discovery, and…
There are many exciting trends occurring in the electronics manufacturing industry, and while there will always be concern as analysts err on the side of caution, collectively it speaks to an optimism about what the future holds. One of the elements that is impacting this anticipated market growth has to do with the increasing role…
There are few things capable of driving production quite like deadlines. It is easy to maintain the status quo when the idea of waiting until tomorrow is a somewhat justifiable alternative, but remove the certainty of tomorrow from the equation, it is much easier to wake up long-dormant motivations. In a way, the news of…
If asked what determines the manufacturing cost of an electronic component, many might be surprised to discover that the most capital is spent during raw materials acquisition. This holds particularly true for passive components such as multilayered ceramic chip capacitors (MLCCs), which incorporate a variety of materials into their designs including nickel, copper, aluminum, zinc,…
