Lower cost. That's the goal of every sourcing or procurement manager, right? Well, it's certainly one goal. But how is cost measured? How great is a cheaper part or component if you can't get it on time or it isn't up to spec?
Hey, we get it. No one, NO ONE, likes to wait. But there are ways to mitigate the potential delays in ordering electronic assemblies containing long lead time (LLT) components.
Want your business to become more profitable? Is the sky blue? Is grass green? Will the Cubs win the World Series again this year? (Never mind that last question.)
In your search for a contract manufacturer, you’d be wise to consider the issues of corporate values and ethical business practices. A 2014 Nielsen survey found that 55 percent of global online consumers across 60 countries are willing to pay more for products and services provided by companies that are committed to positive and environmental...