How OEMs Outsource Electronics & High Tech Manufacturing
Electronic & High Tech Products Development. An integrated system to handle electronic and high tech manufacturing needs. High tech products development process includes development of new products, modifications of previously existing products, and testing of final products. Electronic & High Tech Products Development involves the complete life cycle of new product development. The overall objective is to derive new and innovative products, which fulfill customer requirements, at the lowest possible cost, while meeting quality objectives.
Efficient & Affordable Scalable Enterprise Resource Planning. Electronic & high tech product development involves the design of an economical structure that can scale from small business to large enterprise. Enterprise resource planning (ERP) software applications can integrate all aspects of an organization, including Finance, Supply Chain, Marketing, and Human Resources, in a common platform. Using an ERP software solution will provide organizational personnel with the tools, information, and support necessary for efficient and effective management of the organization’s resources.
Industry 4.0 Technology. The electronics and high tech product development processes require new technologies, such as advanced digital signal processing (DSP), ultra-low noise digital signal processing, and new networking methods and computer network architecture. Organizations need a variety of computer systems to handle their day-to-day manufacturing activities. Organizations also must use modern manufacturing techniques and equipment in their manufacturing facilities to reduce energy usage and reduce costs.
Enhanced Manufacturing Processes. In order to produce electronic and high tech products in volume, it takes more than just enough personnel to perform the job. Electronic and high tech product manufacturing processes require more than just machinery and labor; they also require highly skilled and experienced people who are capable of accomplishing the task.
Enhanced Manufacturing Processes. In order to develop and manufacture the thousands of small components that go into every electronic and high tech product, there must be a vast base of skilled and semi-skilled personnel. These personnel must also be capable of completing the assembly process and packaging process to ensure that every product is released to the marketplace. In addition, the majority of these components are sent through long, costly shipping routes. The speed, efficiency, and production quality of a single product must be optimized in order to meet the deadline and financial obligations of both customers and manufacturers alike.
Electronic and High Tech Product Development. In order to be successful in the electronics and high tech product development arena, organizations must have the right mindset and the ability to adapt. They must also be capable of overcoming obstacles, such as government regulations, economic downturns, and competition from traditional companies that outsource many of their manufacturing needs. Outsourcing is only one way that traditional companies can reduce their cost of manufacturing, but it does represent a significant alternative to the electronics and high tech product development process.
Components Selection. It is imperative that the manufacturing facility that develops the final product meets the requirements of its intended customers. Components selection plays an important role in ensuring that the final product meets the design goals and timeline necessary for satisfactory launch and distribution. OEMs must ensure that they have selected the correct components before making final product adjustments. While outsourcing often produces a cheaper product than developing the product on site, sometimes it is necessary to outsource components to meet tight deadlines.
Suppliers must meet stringent quality requirements to be considered for supply chain agreements. Some of the items that are frequently outsourced include electronic materials such as transistors, capacitors, IC’s, resistors, and microchips. While these components provide raw material and raw product sources, which allow an electronics and high tech product manufacturer to produce a high volume of finished electronic products, they also represent the bulk of the company’s resources. Outsourcing is often seen as the logical solution when a company requires specialized, specialty electronics and high tech product manufacturing, but developing the required relationships and establishing the appropriate supply chain for an OEM can be very time-consuming and highly expensive.