{"id":9226,"date":"2018-02-13T13:17:00","date_gmt":"2018-02-13T13:17:00","guid":{"rendered":"https:\/\/ca.syspro.com\/blog\/the-importance-of-a-flexible-solution-for-the-electronics-industry\/"},"modified":"2021-03-04T14:49:55","modified_gmt":"2021-03-04T14:49:55","slug":"the-importance-of-a-flexible-solution-for-the-electronics-industry","status":"publish","type":"post","link":"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/the-importance-of-a-flexible-solution-for-the-electronics-industry\/","title":{"rendered":"The Importance of a Flexible Solution for the Electronics Industry"},"content":{"rendered":"<p>If I were allowed only one word to describe the most important feature of an effective <a href=\"https:\/\/www.syspro.com\/industries\/manufacturing\/electronics-manufacturing-software\/\">ERP solution for the electronics industry<\/a>, it would have to be \u201cflexibility\u201d. <a href=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-electronics-manufacturers-can-benefit-from-erp\/\">Electronic manufacturers<\/a>, which run the gamut from small, purpose-build shops, to mid-size chip foundries, to billion-dollar giants mass producing consumer electronics, often require more than the usual flexibility from their ERP.<\/p>\n<p><!--more--><\/p>\n<p>Consider the realities. More than most industries, electronics is subject to extremely rapid market changes, as well as to constantly-shrinking turnaround times and product lifecycles. To further complicate matters, an electronics business may operate in one or several of the following manufacturing modes: Make to Order, Make to Stock, Engineer to Order or Job Shop. Add to all that an unusually lengthy list of regulatory, labelling, traceability, recall and product-return requirements, and it\u2019s easy to understand the need for an integrated, agile, scalable, and extremely flexible ERP solution.<\/p>\n<p><strong>The Tangible Benefits<\/strong><\/p>\n<p>A well-designed<a href=\"https:\/\/www.syspro.com\/product\/erp-system\/\"> ERP system<\/a> needs to be able to help its electronics customers to turn profits (even during economic downturns) by improving product lifecycle management, assisting with collaboration with suppliers and customers, guaranteeing production quality, optimizing inventory levels, and achieving efficiencies in quoting, planning and scheduling.<\/p>\n<p>Electronics companies can be vulnerable to supply chain disruption, and require better-than-average order entry, order placement, receiving and inventory management. A flexible solution is designed to integrate easily and transparently with suppliers\u2019 accounting systems, to provide insight into pricing, stock status, order status and shipping times. A manufacturer\u2019s supply chain software should sync as closely to real time as possible. In addition, it should be transparent and unified, encompassing suppliers, customers, and sub-contractors.<\/p>\n<p><strong>A Constantly Evolving Industry <\/strong><\/p>\n<p>Apart from clothing and fashion, it\u2019s hard to imagine an industry that goes through more design revisions than electronics. Constant innovation and product improvement means that the efficient management of design changes can spell the difference between profitability and failure. Perfecting the management and control of electronic design processes, including the security and multilingual capabilities required to interact along international value chains, is a critical function of the right ERP system.<\/p>\n<p>Traceability (and recall management) is also mission-critical for many electronic fabrication plants, especially ones that utilise expensive raw materials. Lot Traceability modules will help to track availability and cost, as well as the performance of machinery, people and suppliers. Traceability data can be used to optimise production, reduce defects, minimise returns and monitor the supply base. While the resulting information is always pertinent, its availability and accuracy can be crucial in the event of a recall, quickly identifying affected production runs, as well as customers who received defective product.<\/p>\n<p><strong>Supporting the Supply Chain<\/strong><\/p>\n<p>For a variety of historical reasons, many electronics companies continue to run their companies on outdated legacy systems, or on a patchwork of barely-connected ad hoc software. Without a \u201csingle source of truth\u201d such enterprises are at a distinct competitive disadvantage. Missing or duplicate data makes them poor candidates for <a href=\"https:\/\/www.syspro.com\/business-software\/business-needs\/lean-manufacturing\/\">LEAN efficiencies<\/a>, and renders them \u201cout-of-the-loop\u201d when it comes time to collaborate in globally-expanding value chains. To make matters worse, last-decade\u2019s business solutions will be a barrier to adoption of Industry 4.0 technologies, such as the Internet of Things and Predictive Analytics.<\/p>\n<p>As 2018 unfolds, I expect to see the electronics industry\u2019s ERP adoption rate improve. They can, in my opinion, provide the ideal solution to the pressing, evolutionary, and even revolutionary needs of electronics manufacturers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>If I were allowed only one word to describe the most important feature of an effective ERP solution for the electronics industry, it would have to be \u201cflexibility\u201d. Electronic manufacturers, which run the gamut from small, purpose-build shops, to mid-size chip foundries, to billion-dollar giants mass producing consumer electronics, often require more than the usual &#8230; <a title=\"The Importance of a Flexible Solution for the Electronics Industry\" class=\"read-more\" href=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/the-importance-of-a-flexible-solution-for-the-electronics-industry\/\" aria-label=\"Read more about The Importance of a Flexible Solution for the Electronics Industry\">Read more<\/a><\/p>\n","protected":false},"author":164,"featured_media":7096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-9226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-for-manufacturing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Importance of a Flexible Solution for the Electronics Industry<\/title>\n<meta name=\"description\" content=\"The Rapid Market changes in the Electronics Industry create the need for Accurate Inventory Control and Efficient Supply Chain Management and Solution.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/the-importance-of-a-flexible-solution-for-the-electronics-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Importance of a Flexible Solution for the Electronics Industry\" \/>\n<meta property=\"og:description\" content=\"The Rapid Market changes in the Electronics Industry create the need for Accurate Inventory Control and Efficient Supply Chain Management and Solution.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/the-importance-of-a-flexible-solution-for-the-electronics-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"SYSPRO Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-13T13:17:00+00:00\" \/>\n<meta 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