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

Working on Your Next Light Rail Project? Here’s What OEMs Need to Know

By Scott Anderson on 27 March, 2019

The global light rail industry is forecasted to reach $4.97 billion by 2026, growing at an annual rate of 9.8%. While Europe continues to maintain the highest market growth, the recent rise in light rail passengers across major U.S. cities has led to approvals for light rail extension projects throughout the country — expecting to drive market growth even further. Light rail vehicles produced by companies like Bombardier, Siemens, Kawasaki, Hitachi, Alstom, Ansaldo, and others are expanding across the nation due to advancements in areas like noise reduction, comfort and safety.

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Topics: Supply Chain Challenges, Operational Efficiency, Risk Mitigation, Quality Control, Procurement, Quality, Design, Design Challenges, Cost Control, Rail

Overcoming Tribal Knowledge in Outsourcing

By Scott Anderson on 06 March, 2019

 

Imagine notifying your two largest customers that their lines will be down because you won’t be able to deliver their products for 16 weeks.  Imagine the daily conference calls, site visits, audits, and over-time costs while your organization is turned upside down trying to deliver product, all for one simple reason: a key part of the process was never formally documented on an assembly that is newly outsourced, or outsourced from a new supplier.

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Topics: Supply Chain Challenges, Operational Efficiency, Quality Control, Procurement, Quality, Cost Control

Pursuing A Paperless Process: One Company's Journey

By George Allman on 30 January, 2019

Twenty-five years ago, Liberty Electronics’ system for creating and distributing work instructions was 100% paper-based. At Liberty, as with most companies in the industry at that time, engineers created work instructions for each assembly, printed out each document, and distributed them to manufacturing personnel. These manufacturing employees, in turn, depended on these paper documents in order to assemble components according to contract. Upon completion of an order, the documents often had to be filed for reuse at a later time.

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Topics: Operational Efficiency, Innovation, Company Culture, Cost Control

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About Wired Success 

Wired Success is a Liberty Electronics publication for engineers, procurement professionals, and others in manufacturing and the supply chain who want to keep up with news, advances, and products for use in a range of industry sectors to include aerospace, defense contracting, rail, light transit, medical devices, and more. Please subscribe for regular updates or follow us on our social media channels. For media inquiries, please contact us here.

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