4 Ways Electronics Manufacturers are Growing Their Businesses in 2019


Reading time ( words)

At a time when many UK manufacturers are struggling to remain profitable, and with the uncertainty of the Brexit negotiations still looming large, finding new ways to nurture and grow your electronics manufacturing business has never been more crucial.

Yet, despite the current challenges, some electronic manufacturing services (EMS) providers are bucking the trend with reports of sustained growth.

So, what's their secret? 

1. Investment in equipment and technology

Modern manufacturing facilities are increasingly relying on new technologies and innovations to improve operations and produce higher quality products at faster speeds.

Of course, jumping on the bandwagon of every new technology isn’t always the answer. The potential applications of robotics on the assembly line, for example, aren’t always the best fit for the complex and widely varying needs of electronics manufacturing projects. 

But there is still much to be gained through the introduction of new technologies if they can justify a business need.

The use of 3D printing to create new tooling, for example, has been shown to provide great results in aiding production and test. And as the potential of rapid prototyping becomes more established, 3D printing could well realize even more of its potential to make the manufacturing process better, faster and more cost effective.

2. Streamlined storage and retrieval systems

How quickly and efficiently materials can move through a manufacturing facility can have a significant impact on the cost of production.

Investment in new automated storage and retrieval systems can help to maximize space and minimize handling costs.

Finding ways to streamline and simplify the storage and access of materials for production also offers the added advantage of freeing up more of your existing floor space for manufacturing.

3. The introduction of production planning software

As electronics manufacturers take on larger and more challenging projects, the need for a dynamic and scalable production plan is an increasing priority.

The latest production planning and scheduling software solutions can help to streamline the allocation of resources and the prioritization of jobs in what is an increasingly complex 'live' manufacturing environment.

Being able to generate more accurate schedules based on actual capacity, material availability and customer delivery requirements can also increase the efficiency of your resources, shorten lead times, identify untapped capacity, and reduce costs. 

4. Investment in people

More and more manufacturers are seeking to ward off the effects of the UK manufacturing skills gap through investments in their own recruitment, staff development, staff retention, and employee wellness initiatives.

There is the opportunity to grow your own talent through the offering of a range of apprenticeship programs, industrial placement schemes and graduate opportunities.

Closer collaboration with schools, colleges and universities, and attendance at careers events can also ensure you stay connected with the local community. And ongoing internal training can help manufacturers promote from within, by encouraging existing staff to expand their skills and take on more responsible roles, which, in turn leads to a more flexible workforce.

If your company is planning on a significant period of growth, then it will be all the more important to keep sight of your mission, values and goals and to ensure you’re listening, and responding to, the ideas and concerns of your people.

Share

Print


Suggested Items

4 Key Considerations When Auditing a New EMS Partner

06/07/2019 | Neil Sharp, JJS Manufacturing
Choosing whether (or not) to outsource your electronics manufacturing is likely to bring with it a multitude of questions—and some understandable doubts. Outsourcing is a critical decision—and it’s one that will rely on thorough research, close examination and the asking of some tough questions. This article summarizes four key areas that you'll want to scrutinize as you embark on your supplier selection process.

Synergy Between Smart Manufacturing and the Secure Supply Chain (Part 1)

05/29/2019 | Michael Ford, Aegis Software Corp.
As MRP and ERP functions follow computing trends and start to migrate into the cloud, a fundamental question is being raised as to whether these are still the right tools to use in today’s modern Industry 4.0 driven factory, or whether these need to evolve, be enhanced, or even replaced in order to meet the more extreme requirements of operational flexibility, as well as cope with volatile material availability in the market.

Whizz Systems on Knowing Your Strengths and Building Customer Relationships

05/24/2019 | Nolan Johnson, I-Connect007
Located in the heart of the Silicon Valley, Whizz Systems Inc. provides electronics product design, development and manufacturing services. Muhammed Irfan, president of the company, speaks with Nolan Johnson about knowing your strengths, engaging start-ups, and building strong customer relationships through education and preparation.



Copyright © 2019 I-Connect007. All rights reserved.