What is value? Value is a fair return in exchange for goods, services, or resources. It’s how well a product, machine, tool, system, or process performs its intended function. In a way, ‘value’ both surpasses and encompasses cost and function.
Original equipment manufacturers play an essential role in modern production. However, since they primarily exist in the B2B market, most consumers are unaware of their significance. This is despite them using products that comprise OEM parts daily. On the other
Whether you have an in-house process for manufacturing electronic components or depend on a CEM (Contract Electronics Manufacturer), it's critical to have a steadfast supply chain. Unfortunately, today the supply chain is experiencing serious difficulties due to the global pandemic,
Companies Must Learn From The Electronics Material Supply Challenges Brought By COVID-19 Covid-19 was the black swan event that exposed the critical fragilities inherent in global supply chains. According to Accenture, 94% of Fortune 1000 companies have experienced supply chain
Many people often confuse the role of OEMs, ODMs, CEMs, and EMS providers, all manufacturing-related services. Understanding the differences between them can help clear the confusion. Here is a look at the definitions and distinctions of these terms. What Is
The Impact of COVID-19 on the Electronics Manufacturing Industry The COVID-19 pandemic has had a huge impact on the national and global economy. Many different industries have been affected, including those in electronics manufacturing. A large part of manufacturing involves
7 Foundational Areas of Supply Chain Management for Electronic Manufacturing As manufacturing companies face the era of intensive global competition, they are now more than ever exploring innovative strategies to stand out in the crowd. Supply Chain Management (SCM) is one
Every company is looking to remain relevant and agile in the business industry, and as a result, finding it necessary to adopt disruptive technologies for flexibility. A lot of industry folks write opinions about how OEMs should select their EMS