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.

A Compliance Wake Up Call for Manufacturers

What I learned this week … came from a post that I found in a Consumer Reports blog. The article, Tailgating Alert: Gasoline-powered blender banned by California Air Resources Board could have come out of the Onion because it is pretty over the top (who needs a blender with handlebars!?). But the punch line is not funny for the manufacturer in Phoenix, who probably had no idea that they were violating a California law and got slapped with a $240,00 fine.