Thursday, December 21, 2006

Changing Suppliers Can Be Easy (if done right)

The purchasing department is an essential component of any electronics manufacturing team. These individuals are responsible for finding the best sources and best components to make any project successful. After lining up a reliable supplier or contract manufacturer, the purchasing professional decreases the bottlenecks in the product development life cycle. This is a key component in determining how long it will take to get your product into the marketplace.

Not only is having a good supplier a factor in the development process, but it will also help determine the product cost. The components and products that go into an electronic product tends to account for about 50% of the cost. It's important to have a reliable, honest, accurate supplier that can work with you to understand what it will take to get your product out the door, on time, and on budget. Ordering parts over the Internet can be a risk, and make sure that when your are requesting a quote, or more information that you get a response in a timely fashion. Late responses can mean sloppy communication - and that's bad for business.

As a purchaser, you not only have the responsibility of finding a competent supplier for your company's projects, but you have strategic value as well. Although you may not be designing circuit boards, you sure are involved in the development process as you sift through service agreements, pricing structures, and maintaining relationships with your suppliers that you have come to depend upon.

OnBoardCircuits.com is a purchaser friendly contract manufacturer for printed circuit boards. Our website is designed to make your life easier and lets you get on with your busy day while letting us figure out the hard stuff.

To read more about how important purchasing is to the product development cycle, read this great article at purching.com

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