-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
MacroFab's New Platform Experience Enables Equipment Manufacturers to Do More With Less
April 11, 2023 | PRNewswireEstimated reading time: 1 minute
MacroFab, the cloud manufacturing platform for building electronics from prototype to high-scale production, with a network of more than 100+ factories across North America, has added new material sourcing options to their digital manufacturing platform. With this update, MacroFab's customers can seamlessly place orders and utilize hybrid component sourcing strategies, providing users a significant value add given that many electronic components are historically hard to source.
MacroFab's new functionality reduces the sourcing information traditionally needed to place an order; now customers need only to indicate the responsible party for sourcing a given part on their bill of materials–an attractive offering for customers looking to secure their place in the manufacturing line sooner.
"Historically, customers have found it easier and more cost-effective to have MacroFab procure their components for orders on a just-in-time turnkey basis, but recently, we've seen more and more customers wanting to employ a hybrid approach to material sourcing to reduce supply chain risk," said Joey Rodriguez, MacroFab's Vice President of Product. "This shift in customer behavior speaks to the volatility of the supply chain, and our new update provides a sustainable solution to this issue, allowing our customers to strategically secure component inventory months or years before their planned production and dynamically meet demand with a hybrid sourcing approach."
Over the past three years, MacroFab has seen a 115% average annual growth rate in customers supplying their strategic inventory of parts for builds, a key indicator of the true volatility of the current supply chain market and the need for more resilient supply chains. The new offering comes as OEMs navigate the pressure of bringing products to market as fast as possible in an ever-changing landscape.
MacroFab's electronics cloud manufacturing platform's automated quoting engine enables customers to self-serve and have access to its best-in-class distributed supply chain. In addition, the material sourcing flexibility provided by the new functionality will give customers more options to support better supply chain decisions while accessing MacroFab's manufacturing capabilities.
This enhancement arrives shortly after MacroFab announced $42 million in new growth capital led by Foundry, and joined by BMW i Ventures and existing investors Edison Partners and ATX Venture Partners. With this financing round, MacroFab has raised $82M, enabling the company to expand its product offerings and to provide customers enhanced visibility into their production.
Suggested Items
KIC’s Miles Moreau to Present Profiling Basics and Best Practices at SMTA Wisconsin Chapter PCBA Profile Workshop
01/25/2024 | KICKIC, a renowned pioneer in thermal process and temperature measurement solutions for electronics manufacturing, announces that Miles Moreau, General Manager, will be a featured speaker at the SMTA Wisconsin Chapter In-Person PCBA Profile Workshop.
The Drive Toward UHDI and Substrates
09/20/2023 | I-Connect007 Editorial TeamPanasonic’s Darren Hitchcock spoke with the I-Connect007 Editorial Team on the complexities of moving toward ultra HDI manufacturing. As we learn in this conversation, the number of shifting constraints relative to traditional PCB fabrication is quite large and can sometimes conflict with each other.
Standard Of Excellence: The Products of the Future
09/19/2023 | Anaya Vardya -- Column: Standard of ExcellenceIn my last column, I discussed cutting-edge innovations in printed circuit board technology, focusing on innovative trends in ultra HDI, embedded passives and components, green PCBs, and advanced substrate materials. This month, I’m following up with the products these new PCB technologies are destined for. Why do we need all these new technologies?
Experience ViTrox's State-of-the-Art Offerings at SMTA Guadalajara 2023 Presented by Sales Channel Partner—SMTo Engineering
09/18/2023 | ViTroxViTrox, which aims to be the world’s most trusted technology company, is excited to announce that our trusted Sales Channel Partner (SCP) in Mexico, SMTo Engineering, S.A. de C.V., will be participating in SMTA Guadalajara Expo & Tech Forum. They will be exhibiting in Booth #911 from the 25th to the 26th of October 2023, at the Expo Guadalajara in Jalisco, Mexico.
Intel Unveils Industry-Leading Glass Substrates to Meet Demand for More Powerful Compute
09/18/2023 | IntelIntel announced one of the industry’s first glass substrates for next-generation advanced packaging, planned for the latter part of this decade.