Consumer Electronics The Untold Cost of Neglect: Why Outsourced Tooling Maintenance Demands Executive Attention Published: Aug 26, 2024 Reading time: 3 min Link copied to clipboard! Imagine the strategic risk of neglecting an asset as crucial as your outsourced tooling —one that underpins the production of critical components in your supply chain. Just as your […]
Fast Fact #5 Five steps to enhance supply chain visibility 1 Establish a Digital Supply Chain Integration Develop a comprehensive digital ecosystem that integrates all elements of your supply chain, facilitating uninterrupted data exchange and informed decision-making processes. 2 Deploy Smart Sensor Deployment Integrate smart sensors throughout your manufacturing equipment and production lines to capture
Five steps to enhance supply chain visibility Read More »
Fast Fact #4 4 strategic ways to improve supplier-OEM relationship How can OEMs transition from relationship anxiety to trust and collaboration with suppliers? 1 Implement Digital Tools for Enhanced Collaboration Capacity Management Dashboard offers real-time production data to both OEMs and suppliers, fostering a collaborative environment. 2 Optimize (OEE) Data-driven OEE evaluation reduces paperwork, streamlines
4 strategic ways to improve supplier-OEM relationship Read More »
Fast Fact #3 Five ways to use capacity planning for timely parts delivery Effective capacity planning is the single most important method for mitigating late parts delivery and reducing cost in contract manufacturing. See how: 1 Transparent Overview of Supplier Capacity: Providing a clear overview of each supplier’s part capacity helps OEMs understand and manage
Five ways to use capacity planning for timely parts delivery Read More »
Fast Fact #2 Are You Getting Your Parts on Time? The core issue in contract manufacturing is communication gaps in critical phases like diecasting, which leads to delivery delays, supplier risks, and financial losses. Here are 4 Ways of How to Get Your Parts on Time 1 Real-Time Tracking Use IoT sensors for real-time production
Are You Getting Your Parts on Time? Read More »
Fast Fact #1 The 4 Golden Facts Why Cycle Time Matters Cycle time is a critical metric for gauging operational efficiency within the discrete manufacturing processes. 1 Indicator of Operational Efficiency Companies that closely monitor cycle time can identify inefficiencies and optimize production processes, leading to enhanced operational performance.The benefits include: • Reduced operational costs and
The 4 Golden Facts Why Cycle Time Matters Read More »
Automotive: Leveraging Digital Tools to Reduce Scrap Rates for Operational Excellence Published: May 7, 2024 Reading time: 3 min Link copied to clipboard! Introduction In outsourced manufacturing, managing scrap rates is essential for sustaining profitability and operational efficiency. High scrap rates escalate costs and highlight inefficiencies that compromise product quality, capacity, and profitability. How can
Leveraging Digital Tools to Reduce Scrap Rates for Operational Excellence Read More »
Automotive: Revolutionizing Supply Chains with IoT-Powered Visibility and Data Solutions Published: April 24, 2024 Reading time: 2 min Link copied to clipboard! The Imperative for a Data-Driven Strategy In 2024, it is imperative for businesses to adopt a more integrated, data-driven approach. Utilizing advanced analytics and IoT technologies can shed light on product flows and
Revolutionizing Supply Chains with IoT-Powered Visibility and Data Solutions Read More »
Automotive: From Relationship Anxiety to Trust and Collaboration with Suppliers Published: May 7, 2024 Reading time: 2 min Link copied to clipboard! Introduction In recent years, the automotive industry has faced challenges marked by increased recalls attributed to component quality issues. This underscores the critical need for Original Equipment Manufacturers (OEMs) to refine their supplier relationship
From Relationship Anxiety to Trust and Collaboration with Suppliers Read More »
Automotive, Consumer Electronics: Cycle Counts: The Unseen Threat to Business Continuity Published: April 29, 2024 Reading time: 2 min Link copied to clipboard! Many companies adopt cycle time as a critical indicator of their operational efficiency. For executive leadership, optimizing cycle time translates directly to increased operational efficiency. This efficiency drives cost reductions and facilitates
Cycle Counts: The Unseen Threat to Business Continuity Read More »
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
This will close in 0 seconds
