Supply chain complexity
Issues include traceability, increased compliance requirements and complex component and sub-component supply streams.
Product Lifecycles
Shorter and shorter product life cycles driven by market preferences, put increased pressure on new product introduction (NPI) processes.
Economic Volatility
Lean manufacturing capability to ensure efficient operations and inventory alignment to address demand fluctuations.
Profitability
Global competition and innovations which drive prices down necessitate continual cost-efficiency to maintain reasonable margins and profitability.
Sustainability
Corporate Social Responsibility (CSR) driven by new regulations and standards must be considered in almost all business decisions. The complete product lifecycle must be considered to reduce environmental impact.
Warranty Management
Stronger quality and traceability systems to control warranty issues, reserve and post production actions.
Successful navigation of the above challenges is increasingly necessary to ensure operational excellence and profitable business the electronic manufacturing space.
