Effectively Manage Material Obsolescence to Avoid Costly Surprises
On-demand Web Seminar
The trade-off is the financial exposure of massive amounts of up-front material purchase versus the risk of the consequence of running short of key materials while under commitment to supply. Factors including the knowledge of accurate inventory, the ability to qualify alternate materials and sources, the ability to control the implementation of alternatives need to be controlled. The immense burden of material investment, storage and ultimate risk of write-off is likely to be the most significant cost of doing business. These can be avoided through more detailed management of material across the whole operation.
What You Will Learn
- What enhancement is required for ERP to effectively manage material obsolescence
- The ways to reduce the up-front cost of material purchase for products requiring life-time guarantee of supply
- How advanced component qualification can reduce the risks associated with alternative materials, offering more flexibility to decide which materials really need to ordered in advance
About the Presenter
Senior Marketing Development Manager, Valor Division, Mentor Graphics
Michael started his career as one of the earliest adopters of computer systems for electronics manufacturing, working for Sony initially as a system development engineer, going on to manage Sony’s corporate global Lean Manufacturing MES project, “TiMMS”, in Japan.
With over 25 years’ experience, Michael continuously drives the vision to bring unique exciting “real-world” solutions that deliver extra-ordinary value into the market. Michael is currently responsible for the Marketing Development group focussing on the realisation of the vision as direct benefit opportunities to customers including efficiency, agility, “Lean” and the environment, culminating in the Valor MSS product suite.
Introduction to Valor
This seminar provides a top level view of the Valor solutions, illustrating the essential software tools for PCB manufacturing available today.…
Introducing Information Highway and Warehouse Management
Learn about the latest Valor PCB Manufacturing Software Solutions: Valor Warehouse Management & Information Highway. These new products extend the reach of the Valor tools, extracting greater value...…
Other Related Resources
Eight Steps for Ensuring PCB Assembly Success
White Paper: So, you have invented and designed the next hit product, poised to wreak havoc with the competition and ensure continued financial success for the company for a long time into the future.…
Taking Total Control of Materials with Valor
White Paper: This white paper explains exactly how the Valor solution works to enhance ERP capability, eliminate needless material costs, and promote flexibility and agility of electronics manufacturing in line with...…