Things change quickly and regularly in the electronics sector. Consumer expectations evolve and manufacturers need to adapt to keep up. Processes, therefore, must be agile.
The recent boom in demand has created a wave of new manufacturers, as well as more efficient plants and processes. Cost-efficiency must be a priority for those looking to compete.
The world’s growing reliance on technology and, more specifically, data, has led to the introduction of new, stricter regulations for manufacturers to abide.
Long lead times
Long lead times complicate the electronics supply chain, making it more difficult for companies to plan ahead effectively. Agile working also becomes tough, with manufacturers forced to find new ways of looking beyond the short-term future.