White Paper: Electronics & Computers
2020 Trends in Electronics Sourcing
Trade wars, Covid, and other disruptive forces have created increasing complexity and uncertainty for most manufacturers. Nowhere is this more evident than in the high-tech value chain – which also is a rapidly changing marketplace. Excellence in component sourcing and creating connected processes across the design-to-manufacturing process for New Product Introduction (NPI) processes are more important than ever.
Supplyframe sponsored a research study executed by Dimensional Research that surveyed 217 participants at OEMs of 500 or more employees with decision-making responsibility for electronic components.
One of the primary findings was that early and effective collaboration between engineering and sourcing teams is key to sourcing success. Specifically:
- 99% report direct benefits from early collaboration between engineering and sourcing teams
- 79% report collaboration issues have caused product introduction delays and 85% say engineers select components that can’t be effectively sourced
- 95% agree that the path to solving component sourcing issues requires integration of engineering, sourcing, and partners
The full results of this survey are contained in this report: “2020 Trends in Electronic Sourcing.” We invite you to download this report.
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