Component Supplier Management: A Global Foundation Approach

This whitepaper explores several key factors that contribute to an effective component supplier management (CSM) strategy across the enterprise. First, the rapidly changing landscape of high tech organisations due to acquisitions, growth, and competition, makes it hard to implement standardised processes while minimising the impact on the effectiveness of the organisation. Secondly, the availability of out-of-the-box solutions for processes such as component selection, design collaboration, and sourcing strategies remained fragmented until now. Everyone would like to be able to access a single version of the truth that gives them the right information at the right time to make the correct decisions early in the design process that is critical to product success. So what are the barriers that exist? This whitepaper, will examine the root causes of these gaps and how we can close them and implement a successful CSM strategy.