Better, faster, cheaper continues to be the mantra of a demanding marketplace and even the shortest product lifecycles continue to shrink. Couple these challenges with dramatic seasonal cycles of expansion and contraction (hockey stick) and you have just a few realities of the Technology sector. What is new on the horizon only appears to add risk to an already complex supply chain challenge. Things like protecting your IP (intellectual property) from being compromised in global regions that take a lax view of patent protection and dealing with the new reality that the spiraling cost of oil means that freight costs can no longer be buried into a purchase price. And do not forget all the new compliancy laws for manufacturing and legal disposition of electronic equipment (i.e. RoHS and WEEE.)
Unique challenges:- Short product lifecycles
- Dramatic forecast fluctuations
- Variable demand (expansion and contraction)
- Seasonality/hockey stick
- Compliance laws
All of this increased risk requires flexibility from technology companies to remain competitive. To achieve this one needs a standardized and documented world-class supply chain processes, technology and functional methodologies with good experience of providing cutting-edge supply chain services. Contact a supply chain solutions or a supply chain consulting companies.
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