Mantra for EMS sustainable P rofitability ! #Makeinindia • Early on boarding of customer product o #alternate #sourcing /Optimized BOM with your preferred suppliers o #partners of choice o #DFX address early – Better VA o While emphasizing early on boarding, ensure a robust process for customer collaboration from the initial design phase. o Incorporate feedback loops for continuous improvement and flexibility to accommodate evolving customer needs. • #verticalintegration ( try utilized your components) o opt for components #critical to competitive advantage or significant cost savings when produced in-house. • Leverage Volume through Global SCM for making better pricing with OEM than your customer control Components o Focus on building #strategicalliances with global suppliers to negotiate favorable terms beyond pricing, such as technology access, co-development, or exclusivity for certain components. • #automated ...
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Showing posts from February, 2024
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Make in India | OBM should get there product manufactured!? I was just comparing profitability of newly listed Contract Manufactures vs OBM who manufactured their own product. Looking at the number I feel OBM should get their product manufactured by Contract Manufactures which help Make in India more successful . It will help OBM Focus on revenue growth /Sales · Product Innovation · Reduce product cost · Critical Components –cost reduction by design It will help CM · Get Volume · Better utilization · Better efficiency