- smt007 Magazine
Latest IssuesCurrent Issue
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.
This issue takes stock of the current economic outlook and how companies are using current conditions to move themselves through technological evolutions, workforce shifts, and financial changes. Even with these headwinds, there’s forward progress to be made.
- Events||| MENU
- smt007 Magazine
A Framework for Managing Supply Chain DisruptionAugust 22, 2022 | Chintan Sutaria, CalcuQuote
Estimated reading time: 1 minute
Recently, the 200-plus companies that use our software to power their digital supply chain processes have been, half-jokingly, pondering the same line during period customer success meetings: “If only CalcuQuote could create parts out of thin air.” It was asked often enough that we made it into our April Fool’s Joke of 2022.
Since our inception in 2014, we have been solving supply chain challenges. Before it became a running joke of creating parts from thin air, we saw the data signaled trouble ahead. The data showed that component shortages would increasingly worsen until the flow of materials became unreliable, so we decided to devote a significant amount of our resources to solving this very serious issue. I’ve put together a framework that can be applied to supply chain disruptions and which demonstrates how a more digitally connected supply chain can help.
There are four stages of supply chain disruption. As disruptions become more prolonged, they require different solutions.
Figure 1: It’s useful to recognize the stages of a supply chain disruption.
Stage 1: Search Wider
This stage of supply chain disruption is characterized by components still being available in the marketplace, but not necessarily easy to locate. Maybe your most preferred suppliers no longer have the part, but a secondary supplier does, or maybe the supplier asks you to check back again later for updated lead times.
Real-time API Integration
It’s important to access real-time, account-level data via application program interfaces (APIs). These provide the ability to access stock availability, lead times, costs, and more by using your contract information. Accessing real-time data allows you to gain knowledge about the details that matter in a precise moment while keeping you up to date on any sudden changes.
Contact Off-line Suppliers
Another best practice: Stay seamlessly connected to your supplier representatives who don’t have API capabilities. As you rely more on a broader supply base, managing this process through email will not be easy. Look for shared digital workspaces where you can manage communication between you and your suppliers so that both parties can stay organized and collaborate more seamlessly. This creates clearer and more efficient communication so you can focus on making the right decisions together.
To read this entire article, which appeared in the August issue of SMT007 Magazine, click here.
KIC’s Miles Moreau to Present Profiling Basics and Best Practices at SMTA Wisconsin Chapter PCBA Profile Workshop01/25/2024 | KIC
KIC, a renowned pioneer in thermal process and temperature measurement solutions for electronics manufacturing, announces that Miles Moreau, General Manager, will be a featured speaker at the SMTA Wisconsin Chapter In-Person PCBA Profile Workshop.
Panasonic’s Darren Hitchcock spoke with the I-Connect007 Editorial Team on the complexities of moving toward ultra HDI manufacturing. As we learn in this conversation, the number of shifting constraints relative to traditional PCB fabrication is quite large and can sometimes conflict with each other.
In my last column, I discussed cutting-edge innovations in printed circuit board technology, focusing on innovative trends in ultra HDI, embedded passives and components, green PCBs, and advanced substrate materials. This month, I’m following up with the products these new PCB technologies are destined for. Why do we need all these new technologies?
Experience ViTrox's State-of-the-Art Offerings at SMTA Guadalajara 2023 Presented by Sales Channel Partner—SMTo Engineering09/18/2023 | ViTrox
ViTrox, which aims to be the world’s most trusted technology company, is excited to announce that our trusted Sales Channel Partner (SCP) in Mexico, SMTo Engineering, S.A. de C.V., will be participating in SMTA Guadalajara Expo & Tech Forum. They will be exhibiting in Booth #911 from the 25th to the 26th of October 2023, at the Expo Guadalajara in Jalisco, Mexico.
Intel announced one of the industry’s first glass substrates for next-generation advanced packaging, planned for the latter part of this decade.