Helping to overcome challenges in the Electronics industry

With the high pace of change in how electronics supply chains evolve, welcoming new partners to a digital and collaborative environment is not only highly professional but also shortens the time of getting up to speed with them over different processes. Especially when they might already use the offered platform in collaboration with other buyers. This means, that web-based collaboration can be activated in a matter of minutes to get going quickly and if transaction volumes allow, the automation level can be further increased soon to further improve the efficiencies at your partner side.

In cases where supply chain complexity exceeds the level of bi-directional buyer-supplier collaboration, the value of the collaboration network only gets larger. We can support triangular document and data exchange between a buyer, supplier, and intermediary partners like Contract Electronic Manufacturing companies. Common and real-time visibility on transaction statuses, shipments, inventories, and partner performance provides an unequaled 'control tower' effect that helps everybody in the chain to get more smoothly through the process, including exceptions.

Since next to cost, supply chain lead times in the electronics industry have seen negative trends in the past years, companies are looking for ways to improve end-to-end performance in order to remain competitive. The interesting side-effect of having all your partners digitally connected and the shared 'control tower' environment is keeping track of all events and statuses, it is amazing how much granular data you collect, and how it allows you to learn where structural delays and lead-time risks are hidden. Putting single-version-of-truth dashboards in the middle for partners to self-assess their performance and compliance also triggers more introspection and corrective behavior. 

The relocation context in the global electronics industry clearly has an impact on partner choices, also when it comes to logistics. Changes in your physical supply chain will most likely also influence how you organize the next tender for warehousing and transportation services. Our platform and apps can help you to onboard logistics services providers in a much faster and more standardized way, allowing you to change partners more flexibly in the future. No longer  do you need to conform to their integration practices, processes and tooling, since our platform provides LSP-agnostic ways to integrate and collaborate in one common way, allowing you to standardize how you transact and measure performance.