-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Jabil Enhances Supply Chain Network Optimization with New T3 Policy Readiness Assessment
June 28, 2017 | Business WireEstimated reading time: 2 minutes
Jabil Inc. today introduced the T3 Policy Readiness Assessment service to help companies better understand and respond to potential changes in global trade, tax and tariff policies. Fueled by Jabil’s Intelligent Digital Supply Chain (IDSC), the service integrates optimization algorithms and simulations with meaningful, data-driven insights for improving manufacturing agility while lowering cost and risk.
“The ability to quickly analyze, assess and execute optimal manufacturing operations locally or globally is crucial to staying competitive and relevant in the digital economy,” said Don Hnatyshin, SVP, chief supply chain & procurement officer at Jabil. “Our new T3 Policy Readiness Assessment service is meeting an urgent need for rapid feedback based on real-world data so customers can make well-informed decisions during times of geo-political uncertainty.”
According to the World Trade Organization, approximately 300 active regional trade agreements are currently in place globally1. Even minor modifications to these pacts can impact manufacturing and supply chain decisions, including potential revisions to the North American Free Trade Agreement (NAFTA), the possible implementation of import tariffs on specific products and broader changes to bilateral trade agreements between the U.S. and other nations. Jabil’s enhanced supply chain network optimization service proactively anticipates and helps answer questions facing companies today, including:
- How will changing tariffs impact our manufacturing footprint decisions?
- How would a Border Adjustment Tax (BAT) affect profits?
- Will tariff changes impact manufacturing in the U.S.?
- Does manufacturing closer to the U.S. make more sense for our business?
Actionable, Fact-Based Assessments In As Little As Six Weeks
Each T3 Policy Readiness Assessment delivers benchmarking data on costs and risks associated with manufacturing in different geographies, leveraging Jabil’s vast domain expertise, predictive analytics, deterministic modeling and network optimization tools. Complementary global tariff and tax policy, administration and modeling provide broader perspective to identify policy change probabilities and their impact.
Additionally, organizations receive manufacturing and distribution footprint impact assessments based on fluctuations in trade agreement policies. Each evaluation offers insights on domestic manufacturing strategies, enabling U.S. companies to quickly determine the viability of moving manufacturing closer to end-markets to better accommodate American customer demand. Equally important, the assessment measures supply chain risks, especially if moving a supply base from Asia to the United States creates single-source suppliers.
In Gartner’s 2017 “Supply Chain Brief: U.S. Businesses Consider Supply Chain Ramifications of Policy Changes as New Administration Takes Office,” the firm stated that “companies in all industries should begin to evaluate scenarios for possible changes to their global supply networks so they are prepared to act if policies are defined. Consider the trade-offs for design choices, such as sourcing partner or location changes, trade and tariff changes and manufacturing labor costs, in light of the overall strategy.”
Jabil’s T3 Policy Readiness Assessment service is available immediately, with findings and recommendations deliverable in as little as six weeks, ensuring customers can transform supply chain and manufacturing operations with exceptional speed and agility.
About Jabil
Jabil is a product solutions company providing comprehensive electronics design, production and product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 28 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL.”
Suggested Items
U.S. Companies Invest Heavily in Robots
04/30/2024 | IFRManufacturing companies in the United States have invested heavily in more automation: total installations of industrial robots rose by 12% and reached 44,303 units in 2023. Number one adopter is the car industry followed by the electrical and electronics sector.
Flex Receives Ericsson 2023 Supplier Sustainability Award
04/30/2024 | FlexEricsson recently awarded Flex with its 2023 Supplier Sustainability Award — the second time since 2021. The award recognizes the extended supply chain benefits from sustainable manufacturing operations in the Flex facility in Tczew, Poland, that runs on 100 percent renewable energy.
USPAE to Springboard U.S. Technology Forward
04/30/2024 | Marcy LaRont, PCB007 MagazineThe U.S. Partnership for Assured Electronics (USPAE) was launched as a nonprofit subsidiary of IPC in 2020, specifically to manage the DoD relationship and access to funding, and to develop a cooperative facility to develop UHDI capabilities in the U.S., not only for the defense sector, but for the whole of the U.S. electronics industry. It is a tall order, but industry veteran Joe O'Neil believes it will happen. Having been tasked with making the UHDI Capable Cooperative Production Facility (UCCPF) a reality, he provides an update on this important project for U.S. electronics manufacturing.
Real Time with… IPC APEX EXPO 2024: Insight into Summit Interconnect's Success
04/30/2024 | Real Time with...IPC APEX EXPOShane Whiteside, CEO of Summit Interconnect, discusses the company's recent recognition as one of the best PCB fabricators in the industry by receiving IPC's Peter Sarmanian award. Whiteside touches on the impact of changes in the marketplace, such as the Defense Production Act and presidential determination, on their growth. Whiteside also shares the company's focus on mechanical and data automation to enhance manufacturing processes and anticipates more automation and evolution in the industry.
Latest Test and Inspection Solutions from GOEPEL electronic at SMTconnect 2024
04/29/2024 | GOEPEL electronicGOEPEL electronic will be demonstrating automated test and inspection equipment at SMTconnect, taking place in Nuremberg from June 11 to 13, 2024.