An important part of effective inventory management is monitoring and controlling residual inventory, or the parts left on the shelf after the last shipment is produced. It's important that every business orders the right quantity of parts at the right time to reduce the extra, hidden costs tied to residual inventory.
One of the most important aspects of circuit board manufacturing is the ability to efficiently and cost-effectively quote orders. For us at RBB, we swarm to the need as soon as a RFP is received. Many different things simultaneously occur, most of which may sound familiar to fellow small batch electronics manufacturers.
As you’ve learned in Part 1 and Part 2 of this series, much of the actual work in getting your custom electronics job processed is completed well before it ever goes into production. In this final part of the series, we’ll walk through what to expect during the first production run and the follow up process, and how the relationship is maintained after the receipt of the first order.
In our Part 1 of this series, we discussed the needs assessment and quote preparation stages of the order flow and how important they are to a successful project. The process continues as we enter into the launch phase, which starts once an order is received for a new PCB assembly.
In the world of electronics manufacturing, being busy is a good thing, but what happens when your business becomes too busy? In a perfect world, you'd love to have the capacity to keep up with all of your clients needs (and then some!), but in reality, this isn't always possible. This is especially true when your resources become tied up in small batch orders, while clients with larger orders are in need of a rapid turn-around. How can you possibly keep up with everything? This is where having a partnership with a reliable contract manufacturing partner comes in handy. Here's a closer look at how contracting with a small batch electronics manufacturer can help you get out of a tight spot, and thrive.
April 18th 2013
The second day of the BioMEMS and Sensors Conference kicked off with a very interesting breakdown of the steps involved in committing to start up venture which include networking, funding, proof of concept and commercialization. Jumping in with a team of passionate individuals with a culture of positivity is critical. Patience and a little luck can go a long way too!
Circuit board assembly is a proven engineered process. Therefore, developing a consistent process for quoting this service is the first step to insuring success. Following some simple guidelines can lead to more accurate quotes in less time. This is a win-win for any contract manufacturer and customer relationship. Because the completed quote serves as the basis for assembly, initial accuracy is important.