Fast Fact #2 Are You Getting Your Parts on Time? The core issue in contract manufacturing is communication gaps in critical phases like diecasting, which leads to delivery delays, supplier risks, and financial losses. Here are 4 Ways of How to Get Your Parts on Time 1 Real-Time Tracking Use IoT sensors for real-time production […]
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Fast Fact #1 The 4 Golden Facts Why Cycle Time Matters Cycle time is a critical metric for gauging operational efficiency within the discrete manufacturing processes. 1 Indicator of Operational Efficiency Companies that closely monitor cycle time can identify inefficiencies and optimize production processes, leading to enhanced operational performance.The benefits include: • Reduced operational costs and
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Automotive: Leveraging Digital Tools to Reduce Scrap Rates for Operational Excellence Published: May 7, 2024 Reading time: 3 min Link copied to clipboard! Introduction In outsourced manufacturing, managing scrap rates is essential for sustaining profitability and operational efficiency. High scrap rates escalate costs and highlight inefficiencies that compromise product quality, capacity, and profitability. How can
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Automotive: Revolutionizing Supply Chains with IoT-Powered Visibility and Data Solutions Published: April 24, 2024 Reading time: 2 min Link copied to clipboard! The Imperative for a Data-Driven Strategy In 2024, it is imperative for businesses to adopt a more integrated, data-driven approach. Utilizing advanced analytics and IoT technologies can shed light on product flows and
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Automotive: From Relationship Anxiety to Trust and Collaboration with Suppliers Published: May 7, 2024 Reading time: 2 min Link copied to clipboard! Introduction In recent years, the automotive industry has faced challenges marked by increased recalls attributed to component quality issues. This underscores the critical need for Original Equipment Manufacturers (OEMs) to refine their supplier relationship
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Automotive, Consumer Electronics: Cycle Counts: The Unseen Threat to Business Continuity Published: April 29, 2024 Reading time: 2 min Link copied to clipboard! Many companies adopt cycle time as a critical indicator of their operational efficiency. For executive leadership, optimizing cycle time translates directly to increased operational efficiency. This efficiency drives cost reductions and facilitates
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Automotive: Get your parts delivered on time or pay the fine https://www.emoldino.com/wp-content/uploads/2024/04/compressed-vid.mp4 Published: April 15, 2024 Reading time: 3 min Link copied to clipboard! “Late part deliveries from suppliers frequently incur higher costs, particularly in our automotive sector, often necessitating expedited shipments to meet deadlines.” – A Global Automotive Supplier. Global automotive companies face supply
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Automotive: “Our Tooling Digitalization Unlocked Valuation” Published: April 04, 2024 Reading time: 4 min Link copied to clipboard! “Our efforts to address recurring tooling issues caused by maintenance lapses resulted in a 9% reduction in non-quality costs over six months.” -CEO’s Note, Fortune 500 Leading Automotive Company, USA A leading company in the automotive industry
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New Tactical Stategies: CSCO Cost Optimization Blueprint Published: April 02, 2024 Reading time: 3 min Link copied to clipboard! “Executives face modern supply chain challenges, including real-time production process tracking, inefficient supplier communication, and financial risks. This article offers strategies for data utilization, technological transformation, and strengthening supplier partnerships, aiming for a resilient and innovative
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OTHERS Driving Efficiency and Sustainability Through Intelligent Outsource Manufacturing 2024.03.21 Introduction In today’s rapidly evolving market, the efficiency of supply chains has become paramount. Amidst global logistics complexities and fluctuating demands, the quest for enhanced operational efficiency through “intelligent” outsourced manufacturing has never been more critical. As manufacturers face these challenges, adopting digital transformation strategies
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