Procurement and supply chain wisdom was abundant at the recent Horizon 2014 conference, a procurement conference sponsored by Zycus. It's clear the leaders in a variety of industries, from casino gaming to healthcare, have plenty to teach electronics industry about best-practices in procurement. Click on the image below to see some of the wise words…
As OEMs outsource their logistics to third-party providers (3PLs), the benefits can be outstanding. However, it's important to plan carefully to get the best results. On average, organizations can expect to reduce logistics costs by 9%, inventory costs by 5%, and fixed logistics cost by 15%, according to the recently published 2015 3rd Party Logistics…
If you live in Silicon Valley, startup companies are so widespread, they're just thought of as part of everyday life. For those of us living elsewhere, the startup economy and its importance may not be as in-our-face and could be less influential in our day-to-day supply chain relationship-building circles. But, regardless of location, the high-tech…
In order to clearly demonstrate its value to the organizations and to achieve continuous improvement, procurement organizations need to measure performance in a variety of ways. However, most organizations aren't using the most useful metrics. “If you polled most procurement executives today, about their number one metric, and what they are measured against, it remains…
The Internet of Things (IoT) is poised to generate new business opportunities for current information technology (IT) companies and new start-ups alike, according to a new research brief published today by CompTIA, the IT industry association.
At the far end of the supply chain, the consumer shopper is largely responsible for deciding which new smartphones and tables will be winners and which will be flops. A recent FatWallet 2014 Electronics Buying Survey looks at some of the trends that will drive the market in the coming year. Electronics purchases are a…
In the electronics industry and across the supply chain, counterfeit components are a hot topic as organizations struggle to make sure the components they are using as they manufacture electronic devices are the real deal. The problem of counterfeiting, though, has proven ubiquitous, and counterfeit electronic gadgets have become a reality. A 2013 Anti-Counterfeit Study…
With Apple, Samsung, and other electronics OEMs stealing the headlines, the little guys may get lost in the shuffle. In the high-tech supply chain, though, small organizations hold a position as important as the industry biggies, since they often lead innovation and may be the best source for certain products and services. Unfortunately, many of…
Few students who are heading off to college say they want to major in supply chain management. However, more than ever before, undergrads who are looking to enter the supply chain profession can choose from plenty of programs. “U.S. undergraduate supply chain programs have made impressive progress since we formally began this research in 2008,…
The Internet of Things (IoT) is more than the newest buzzphrase. It's set to transform the electronics industry, from what products consumers use to how those products get made. “Vast innovation in the Internet of Things space is being driven by range of people from large multinationals to small groups of engineers in a garage,”…