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4 strategic ways to improve supplier-OEM relationship

Fast Facts

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 […]

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Five ways to use capacity planning for timely parts delivery

Fast Facts

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

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The 4 Golden Facts Why Cycle Time Matters

Fast Facts

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

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Leveraging Digital Tools to Reduce Scrap Rates for Operational Excellence

Automotive

Automotive:   Leveraging Digital Tools to Reduce Scrap Rates for Operational Excellence </h2 > 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

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Revolutionizing Supply Chains with IoT-Powered Visibility and Data Solutions

Automotive

Automotive:   Revolutionizing Supply Chains with IoT-Powered Visibility and Data Solutions </h2 > 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

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From Relationship Anxiety to Trust and Collaboration with Suppliers

Automotive

Automotive:   From Relationship Anxiety to Trust and Collaboration with Suppliers </h2 > 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

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Cycle Counts: The Unseen Threat to Business Continuity

Automotive, Consumer Electronics

Automotive, Consumer Electronics:   Cycle Counts: The Unseen Threat to Business Continuity </h2 > 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

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Get your parts delivered on time or pay the fine

Automotive

Automotive: Get your parts delivered on time or pay the fine https://www.emoldino.com/wp-content/uploads/2024/04/compressed-vid.mp4 Published: April 15, 2024 Reading time: 3 min Link copied to clipboard! “Late part deliveries from suppliers frequently incur higher costs, particularly in our automotive sector, often necessitating expedited shipments to meet deadlines.” – A Global Automotive Supplier. Global automotive companies face supply

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“Our Tooling Digitalization Unlocked Valuation”

Automotive

Automotive:   “Our Tooling Digitalization Unlocked Valuation” </h2 > Published: April 04, 2024 Reading time: 4 min Link copied to clipboard! “Our efforts to address recurring tooling issues caused by maintenance lapses resulted in a 9% reduction in non-quality costs over six months.”  -CEO’s Note, Fortune 500 Leading Automotive Company, USA  A leading company in

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