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April 2024 SMT007 Magazine: The Box Build Issue
April 1, 2024 | I-Connect007 Editorial TeamEstimated reading time: 1 minute
Keeping an existing customer is much easier than finding and winning a new one. But what do we do when our customers are looking for ways to localize or simplify their manufacturing chain? 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.
For many EMS companies, adding box-build services makes sense. If an EMS house can add even more specialized labor services, which are of value to their OEM customers, then they’re likely to 1) get more business from each job in the queue, 2) earn customer loyalty by owning more of the customer’s manufacturing process, and 3) attract new customers who need those expanded services as well. It seems a logical way to grow in an environment of reshoring.
If you aspire to grow your business, increase your margins, generate “stickier” customer relationships, or do any combination of the three, you will find information in this issue of SMT007 Magazine that will further your understanding and perhaps even help you avoid pitfalls.
Suggested Items
Dan’s Biz Bookshelf: ‘Costovation: Innovation That Gives Your Customers Exactly What They Want—And Nothing More’
12/25/2024 | Dan Beaulieu -- Column: Dan's Biz Bookshelf"Costovation" by Stephen Wunker and Jennifer Luo Law delivers a refreshing perspective on innovation by focusing on "just enough" innovation—creating products and services that serve the customer's needs without unnecessary features or costs. This book is a revelation for business leaders seeking effective strategies when flashy, expensive innovations often dominate the market. The authors share how companies can thrive by delivering targeted, cost-effective innovation by offering customers precisely what they need.
Flex Factory Recognized for Manufacturing Excellence and Continuous Improvement by the Association for Manufacturing Excellence
12/19/2024 | FlexFlex announced that its Zhuhai, China site, specializing in advanced assembly, tool design and manufacturing, and metal and plastics capabilities for Lifestyle and Data Center customers, received an Excellence Award from the Association for Manufacturing Excellence (AME) for demonstrating world-class continuous improvement and results. This is the third consecutive year a Flex facility received an AME Excellence Award.
Season Group Acquires Pycom
12/18/2024 | Season GroupSeason Group – an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the U.K. – is pleased to announce its acquisition of all assets of Pycom Ltd, a full stack Internet of Things (IoT) company that provides a fully integrated IoT platform to build scalable connected solutions. Pycom Ltd went into administration in the UK on 16 September 2022.
ALL Circuits, DBG Technology Strategic Alliance Delivers Optimal Global Footprint
12/17/2024 | ALL CircuitsWith DBG Technology, the 16th largest EMS globally, poised to acquire ALL Circuits, the largest EMS in France, they will create a global footprint that truly reflects the needs of OEMs in a geopolitically challenged world.
Altus Group Strengthens Support Capabilities with Return of Experienced Service Professional
12/17/2024 | Altus GroupAltus Group, a leading distributor of capital equipment in the UK and Ireland, has announced the return of Gareth Cuthbert as Application and Service Engineer to its team, reinforcing the company's commitment to supporting excellence and customer service.