A Risk-Based Approach to Component and Supplier Management: Mitigating Risk with Component and Compliance Intelligence discusses the importance of a structured risk management process to mitigate supply risk and ensure products can be delivered to market reliably and cost-effectively, and the importance of having the right supply chain information to support the process. Click here…
Obsolescence
Dynamics of Electronic Components
Living with the Dynamics of Electronic Components: The Importance of Component Event Management in a PLM Strategy discusses the inherent challenge of managing product lifecycles for products that contain electronic components, given that the components often have shorter lifecycles than the parent products. Introduces the concept of Component Event Management (CEM) to combat component obsolescence….
Component and Compliance Information in Supply Risk Management
A quick peek into some research on … the importance of good supply chain information in A Risk-Based Approach to Component and Supplier Management: Mitigating Risk with Component and Compliance Intelligence. The research discusses how good intelligence on the supply chain can help mitigate risks such as counterfeits and fakes, obsolescence, and regulatory noncompliance. The report provides examples from a number of leading manufacturers including defense contractor BAE Systems, electronics industry service provider Jabil, and high tech company ON Semiconductor.