Having worked with a number of Electronics manufacturers, we understand the dynamics of forecasting, challenges and risks involved in outsourced manufacturing, lead time management etc. Strategies and solutions we have developed for this sector include:
- Demand Forecasting – Statistical methods, combined with factoring in of Marketing programs, events in the supply chain, and providing forecast bands
- Postponement analysis – Strategies to delay final commitment of generic inventory to specific products ( example – delayed packaging)
- Parts Standardization – Use of common parts to allow for better inventory management