What is Excess Inventory? Excess inventory refers to a situation where a company holds more inventory than it needs for its operations. It can arise due to various reasons such as overestimation of demand, poor inventory management, slow-moving products, or changes in customer preferences. In the context of an electronics assembly company, excess inventory can […]
Engineer-to-Order (ETO) is a manufacturing process that involves designing, engineering, and producing customized products based on specific customer requirements. This process can be challenging as each order is unique and requires a high level of customization. For example, in the electronics industry, a customer may come up with a requirement of buidling a functional prototype […]
Large Language Models (LLMs) have taken the world of business by storm, providing organizations with the ability to process natural language and extract valuable insights from large volumes of text data. With the development of machine learning algorithms and advancements in computing power, LLMs have become increasingly sophisticated, and their applications in the business world […]
In today’s fast-paced and highly competitive business world, it’s important for electronics assembly companies to streamline their operations and optimize their efficiency. One way to achieve this is by using an enterprise resource planning (ERP) software. Sparrow ERP is a cloud-based ERP software that offers several benefits to electronics assembly companies. In this blog post, […]
The global electronics supply chain has been facing numerous challenges in recent years, as discussed in the previous article. These issues have significantly impacted electronics manufacturing, making it difficult for manufacturers to produce and deliver products in a timely and cost-effective manner. However, recent advancements in software-driven approaches, particularly in artificial intelligence (AI), have the […]
The global electronics supply chain has been facing numerous challenges in recent years, which have significantly impacted electronics manufacturing. These issues range from geopolitical tensions, natural disasters, transportation disruptions, supply-demand imbalances, to the recent COVID-19 pandemic, and many others. As a result, the electronics industry has been grappling with a plethora of supply chain issues […]
Microservices have been a buzzword for quite some time now, and many organizations have already adopted this architecture pattern. However, there are still some concerns about the current approach to building microservices. In this blog post, we’ll take a closer look at what’s wrong with the current microservice adaptation and explore a new approach to […]
In today’s fast-paced business world, manufacturers need to operate efficiently and streamline their supply chains to stay ahead of the competition. Improving your supply chain can be challenging, but it can also give you a competitive edge. Doing so requires an in-depth assessment of your current processes and identifying areas for improvement. It also […]
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