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Electronics and High-tech Components

Here, you'll find links to the information and resources you need to make an informed Electronics and High-tech Components software selection:

The electronics and high-tech components industry goes through changes and innovations on just about a daily basis. Today’s advances in design become tomorrow’s new products. Throughout the industry, the underlying issue that drives profitability is time-to-market for new products. With this issue also comes the need for near-to-perfect supply chain visibly (in order to respond to changes in demand), and the need to react to price changes (in order to remain competitive).
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As in any industry, the electronics and high-tech components market space has its own distinguishing characteristics:
  • increasingly complex design and manufacturing processes as products mature
  • an ongoing requirement for shorter product lifecycles in order to assure competitiveness
  • the need to generate innovations in product design without increasing product costs
  • the need to modify requirements based on demand changes
  • the challenge of communicating and collaborating with global suppliers/manufactures and partners for product design changes, supply chain visibility, and process redefinition in order to speed products to market
  • the necessity of creating synchronized linkage between design, production, and supply
  • profitability-driven considerations such as reducing operating and manufacturing costs
  • the need to create manufacturing environments that comply with industry standards (e.g., lead-free manufacturing facilities)
To overcome these concerns, an array of solutions is available with functionality focused on solving the issues faced by the electronics and high-tech components industry. For example, to help centralize globally dispersed information for quick access and successful decision making, an enterprise resource planning (ERP) system is vital. To integrate project and design with research and development (R&D) and product revision, it’s important to link your project portfolio management (PPM) system with your product lifecycle management (PLM) system. Similarly, companies in the electronics and high-tech components industry cannot function effectively without customer relationship management (CRM) and supply chain management (SCM) systems in place to handle collaboration between all parties.
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Mixed-Mode Manufacturing (ERP)
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