Usually that is good advice, but when it comes to juggling with the uncertainty facing OEMs with highly configurable products, speculating on what to build can prove costly.
Here at The Paragon Electronics Group, we know that, sometimes, the best way to meet demand forecasting challenges is to postpone them. Although that might sound a bit misguided, it can actually be a highly effective strategic approach. Let me explain…
Postponement manufacturing is a sophisticated service designed for OEMs with highly configurable products. With the supply chain expertise and flexible manufacturing capabilities at both JJS Electronics Ltd. and JJS Electronics s.r.o., we provide our customers with the option to delay configuration until demand is clearly defined. In doing so, we extend their ability to customise and differentiate end products.
Postponement manufacturing works alongside our configure-to-order service (CTO). With CTO, we manufacture a generic version of the end product up to an embryo level. Once customer demand is known, we’ll configure it, package it and ship it as soon as we get the instruction from our customer.
It may sound simple, but in actual fact, it involves a high degree of collaboration and visibility throughout the supply chain, systems support and flexible manufacturing processes. So, while no-one knows what the future holds, that’s ok. With our late stage configuration and configure-to-order services, our customers can rapidly respond to opportunities – as and when they occur.
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