Can Big Data Bring Back Business?
Asia has long been the top electronics manufacturing powerhouse, assembling most electronic components and products sold worldwide. With their supply chain logistics and cost advantages, Asian companies have typically been the default choice for high-volume production, leaving manufacturers in North America to focus on low-volume, high-end devices.
But some of those advantages have been weakened by the COVID pandemic and by recent legislative developments in the U.S. This opens new opportunities for electronics manufacturers outside of Asia to attract more and bigger business.
To turn those opportunities into business, companies need to adapt their production to consumer trends that are driving lot sizes down and customization up. Companies that can leverage data and digitization support their operations will be the most successful at providing the flexibility, responsiveness and quality required for profitable high-mix production in increasing volumes.
An article in the April edition of SMT007 Magazine, written by Siemens technical marketing engineer Zac Elliott reviews how the electronics manufacturing market is changing. It describes how data is key to optimizing processes, cutting costs and improving quality even as products and production become more complex.
