Why OEMs Should Consider Outsourcing A Level Up the Bill of Material

By Scott Anderson on 31 July, 2019

The Bill of Material is a critical component of the planning process in manufacturing for any industry. This comprehensive list of components and equipment required to manufacture a product can fluctuate depending on cost, availability, and capacity. For original equipment manufacturers (OEMs), outsourcing a level up the Bill of Materials might prove to be beneficial.

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Topics: Supply Chain Challenges, Procurement, Cost Control, Aerospace, Commercial Industrial, Rail

How OEMs Can Tap Suppliers To Scale Up Production

By Scott Anderson on 03 July, 2019

Industry predictions indicate that manufacturing will grow faster than the general economy*. Growth in areas such as global aircraft manufacturing is projected to spike from the less than 4% rise seen from 2013-2017 to nearly 9.5% from 2017 until 2021. These high manufacturing expectations are bound to cause an increase in production needs for OEMs. But how do you best scale up production without falling victim to overspending on inventory or finding yourself unable to fill orders due to long lead-times and or lack of capacity?

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Topics: Supply Chain Challenges, Operational Efficiency, Procurement, Cost Control, Aerospace, Commercial Industrial, Rail, Defense

How Procurement Professionals Can Prevent Fulfillment Pitfalls

By Scott Anderson on 19 June, 2019

With the news of backlogs at record highs this year, industry OEMs and suppliers are looking for ways to ramp up production to meet demand. Meeting these needs can become challenging when fulfillment issues arise. According to forecast experts like Deloitte, manufacturers in 2019 should be focused on strengthening their supply chains, more effectively managing projects, and leveraging advanced technology to increase efficiency. As OEMs and suppliers both contemplate ways to meet demand, here are a few things all procurement professionals should look for in suppliers to prevent fulfillment pitfalls.

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Topics: Supply Chain Challenges, Operational Efficiency, Innovation, Procurement, Cost Control, Aerospace, Commercial Industrial, Rail

How the Right Contract Manufacturer Can Benefit Your Bottom Line

By George Allman on 20 March, 2019

Lack of capacity, along with rising operating costs and increased competitive pressures, have caused companies to explore the option of contract manufacturing for their products. Contract manufacturing outsources certain manufacturing operations to a third-party, passing on the responsibility for materials, capital, equipment, staff, and software.

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Topics: Supply Chain Challenges, Operational Efficiency, Manufacturing, Quality Control, Procurement, Aerospace, Commercial Industrial, Rail, Defense

EMS Outsourcing Infographic

By Scott Anderson on 16 January, 2019

 

In developing standardized procurement processes, operations and purchasing decision-makers should consider strategic sourcing as a part of their procurement best practices. However, they should keep in mind that strategic sourcing is not a single project but rather a key continuous process.

For those companies sincere about establishing control over their supply chains, incorporating strategic sourcing principles should be evaluated. Decision makers must ask: Do we control our supply chain, or does our supply chain control us?

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Topics: Supply Chain Challenges, Operational Efficiency, Procurement, Cost Control, Aerospace, Commercial Industrial, Rail

Why Are Leading OEMs Choosing Turnkey Manufacturing?

By Scott Anderson on 09 January, 2019

 

 

Understanding Turnkey Manufacturing

Turnkey manufacturing solutions are a common outsourcing practice. The term refers to outsourcing production to a single manufacturing partner who controls the process from beginning to end. Companies choose this model because it eliminates the hassle of managing relationships with multiple vendors, making it is as simple as “turning a key” to complete a project.  

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Topics: Supply Chain Challenges, Operational Efficiency, Procurement, Cost Control, Aerospace, Commercial Industrial, Rail

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