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Electronics digital thread

Supply chain management in the electronics industry

Supply chain volatility disrupts the electronics industry, affecting product launches, market share and revenue. To mitigate risks and identify problems, it is critical to have a frictionless flow from design to manufacturing, plan for issues and coordinate teams, suppliers and partners.

Accelerate product launch with supplier collaboration

Streamline the design-to-launch process and proactively plan for issues to mitigate the impact of supply chain disruptions on product launches, market share and revenue in electronics. Collaborating with teams and involving suppliers and partners early helps identify and address problems. By tackling these challenges, you ensure the timely delivery of innovative products to market.

Streamline electronics supply chain management

How can you get your products to market faster and plan for the inevitable supply chain issues? Create a secure, frictionless flow from concept to delivery. Below are some of the common issues the industry is facing.

48%

Delivery delays

When launching new products, delivery delays are inevitable when the system is fragmented. To adapt, they must foster collaboration, involve suppliers early and leverage technology for resilience. (Lifecycle Insights)

39%

Replace components

This occurs 5-20x per printed circuit board (PCB) project due to supply chain issues. Use real-time and predictive data to foster visibility and collaboration across the product lifecycle for safer sourcing decisions. (McKinsey)

$300bn

Dollars lost

Supply chain challenges around electronics and semiconductor, like supply disruptions in automotive, have major loss costs. Make safer sourcing decisions based on real time and predictive data. (McKinsey, Goldman Sachs)

Supply chain management solutions

New production introduction (NPI) for electronics

From electronics design to manufacturing, streamline the product development processes. Improve electronics supplier collaboration, leading to reduced logistical disruptions and delays.

Adopt a comprehensive approach that combines faster design processes, goal alignment, early supplier involvement, efficient electronics configuration and effective bill of materials (BOM) management. You can streamline your time to market and overcome supply chain challenges, ultimately gaining a competitive edge in today's fast-paced market. With supply chain management, you can:

Electronics engineers using our solutions achieve:

20%

Reduced sourcing times

Addressing issues early impacts the cost greater, keeping costs lower. (Mercury Marine)

70%

Fewer resources

Build apps 10x faster with a scalable low-code platform merged with product lifecycle management (PLM) and enterprise resource planning (ERP), enabling innovation and new product introduction. (Mercury Marine)

360

Degree target costing

Optimize profitability by balancing market price, quantities and manufacturing costs. Teamcenter enables detailed competitor analysis, best-practice calculations and transparent cost tracking for effective decision-making. (Festo)

Case study

Mercury Marine

Mercury Marine improves sourcing and data exchange with Teamcenter Supplier Collaboration
Case Study

Mercury Marine improves sourcing and data exchange with Teamcenter Supplier Collaboration

Company:Mercury Marine

Industry:Marine

Location:Fond du Lac, Wisconsin, United States

Siemens Software:Teamcenter

By eliminating custom quoting tools, email-based RFQs and integrating sourcing process within the Mercury Teamcenter system, we were able to unify data sources across multiple functional groups and increase the throughput of early supplier involvement events.
Praveen Sreedhar, Solutions Architect; Mercury Digital Services, Mercury Marine
Reimagine development processes

Resources for streamlining NPI for electronics

Streamline your NPI process from concept to delivery with our PLM solution. Boost efficiency, reduce costs and ensure compliance by managing complexity, bill of materials (BOM), change, sourcing and supplier collaboration. Secure data exchange and PLM-enterprise resource planning (ERP) integration enhance accuracy and productivity.

Engineer holding a tablet.

Our solutions to improve supply chain collaboration

Supply chain management

Cost management

Product lifecycle management

BOM management

Logistics management

Application development platform

Frequently asked questions

How can electronics BOM management software support supply chain management in the electronics industry?

Our electronics BOM management software supports collaboration in the electronics industry by providing a centralized source of truth for product data, enabling cross-functional collaboration. The software integrates with suppliers' systems for real-time data exchange and joint problem-solving and facilitates design for manufacturability through early collaboration between design and manufacturing teams. Integrated BOM management tools offer robust change management capabilities to ensure all stakeholders are aligned and enable seamless global collaboration with cloud-based solutions. By leveraging our BOM management solution, electronics companies can foster collaboration, mitigate supply chain risks and improve operational efficiency.

How does our software support electronics sourcing and manufacturing?

Our software supports electronics sourcing and manufacturing by providing a comprehensive suite of tools that streamline processes and enhance collaboration. The software enables companies to manage their supply chain more effectively by providing real-time visibility into supplier performance, inventory levels and potential risks. This allows for proactive decision-making and risk mitigation. Our solutions also facilitate efficient manufacturing by integrating design, engineering and production processes. This integration enables seamless data flow, reducing errors and improving quality. Additionally, the software supports advanced manufacturing techniques, such as 3D printing and robotics, enabling companies to optimize their production processes and increase efficiency.

How can our logistics solutions benefit electronics manufacturers?

Logistics software significantly benefits electronics manufacturers by optimizing supply chain operations and enhancing efficiency. It provides real-time visibility into inventory, shipments and deliveries, enabling better decision-making and responsiveness. Our logistics solutions also improve inventory management, reducing the risk of stockouts or overstocking. They facilitate seamless collaboration with partners, optimize transportation routes and increase productivity. By automating processes and providing valuable analytics, our logistics solutions empower electronics manufacturers to make informed decisions, streamline operations and gain a competitive advantage in the market.

Why should electronics manufacturers adopt our supply chain management solutions?

Electronics supply chain solutions help businesses improve visibility, providing real-time data and insights into inventory levels, shipments and supplier performance for better decision-making and risk management. These solutions facilitate seamless collaboration and communication by connecting all stakeholders, including suppliers, manufacturers and distributors, leading to faster problem-solving and improved efficiency. With real-time data and advanced analytics, businesses can increase agility, quickly responding to changes in demand, supply disruptions or market conditions, making their supply chain more resilient. Supply chain solutions also help optimize inventory levels, reduce waste and streamline processes, resulting in significant cost savings. By providing visibility into potential risks, such as supplier financial health or geopolitical events, businesses can proactively mitigate risks and ensure continuity of supply. Additionally, these solutions help manage compliance with regulations, such as conflict minerals reporting or restriction of hazardous substances (RoHS) directives.

Learn more

Watch

On-demand webinar | Product variability management with PLM

On-demand webinar | Reduce product costs and carbon footprint

On-demand webinar | The role of quality in new product introduction

Read

Blog | What is new product introduction and how does it apply to PCBs?

White paper | IT solutions for environmentally friendly logistics

White paper | Circular economy

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