Procurement
The Importance of Traceable Components During Times of Disaster and Global Pandemic
Whether in time of pandemic or not, traceable components is always an issue in the electronic components industry. Learn how original equipment manufacturers (OEMs) and small to medium-sized enterprises (SMEs) can protect themselves from fraud.
Read MoreSupply Chain Realignment and Reshoring in the Electronic Components Industry
Many manufacturers are now looking into reshoring in light of supply chain disruptions caused by the coronavirus. As new supply routes open up as a result, how will this change supply and demand?
Read MoreWhat Does Supply Chain Digitalization Mean for the Electronic Components Industry?
Supply chain digitalization is something of a buzz phrase in the industry right now. What does it really mean, and more importantly, is it really beneficial for companies? The data is somewhat surprising; company's which choose to stick with the old analog ways may struggle in an industry that is continually evolving. Take a look at how companies can evolve with the times and embrace digitalization today.
Read MoreThree Ways Procurement Specialists Can Create Agile Supply Chains in the Electronic Components Industry
Creating an agile supply chain that can react quickly and decisively to unforeseen events is crucial. The pandemic has shown this very clearly, and now, companies should not wait on insulating their processes. Take a look at these three suggestions on creating agility in the supply chain structure of today.
Read MoreWhy Small and Medium-Sized Electronics Companies Should Embrace Supply Chain Ecosystems
The supply chain ecosystem has effectively become digitalized in the 21st century. With its advancements and ability to instantaneously transfer data to systems, it is no wonder that large corporations are leaving behind the old analog systems of yesterday. However, small to medium-sized businesses must do the same before they get too far left behind in today's procurement climate.
Read More3 Reasons to Build a Resilient Supply Chain Now in the Midst of the Pandemic
A recent survey from Bain & Company reveals not only the necessity of building a more resilient supply now due to the pandemic, but also the benefits from a strategic perspective of growth and revenue in the future.
Read MoreTwo Industry Disrupting Digitalization Tools for Tomorrow’s Supply Chain
The digitalization of the supply chain is a crucial priority for today's electronic components industry. Now, two new technologies are on the horizon that will disrupt supply chain procedures by taking them to an all new level of security and traceability.
Read MorePreparing for MRO Shortages in Electronics Manufacturing During the Coronavirus
Maintenance, Repair, and Operations (MRO) equipment is essential in electronics manufacturing. It keeps production lines moving and factories operating. But with a global pandemic ongoing, equipment can become scarce, thus jeopardizing production. Here are 3 tips to keep your MRO operations moving.
Read More3 Reasons CEOs Must Digitalize Supply Chains in 2020
Digitalizing the supply chain should be of utmost concern to a CEO these days. Why? It all boils down to brand reputation in the midst of a global pandemic. Read on to learn more about why this idea is crucial to the survival of your company.
Read More3 Reasons Manufacturers Should Digitalize Supply Chains in 2020
Digitalizing the component supply chain has always been a priority, but the pandemic has now made it essential. Learn 3 reasons why digitizing supply chain procedures now is of utmost importance to today's OEMs, CMs, and SCMs.
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