Hi-Tech Industry Supply Chain
The hi-tech industry is at the forefront of rapid technological advancement and innovation, and has a significant impact on a variety of industries. It is supported by a venture capital market that is willing to take risks on new technologies. The industry is currently dominated by a few major players in the fields of mobile, cloud, social, and connected devices.
Hi-Tech Industry Supply Chain Challenges
Hi-tech industry comprises of the entire semiconductor supply chain. There is vast network of suppliers and manufacturers to make the final product possible.
Because of this complex supply chain there are multiple challenges and require specific solutions in the following areas
Supply chain network optimization
The supply chains are global due to concentration of majority of chip manufacturers in east Asia, raw material producers like silicon, lithium, germanium and the OEM manufacturers all over the world. The raw material commodity prices fluctuate and this affects the profit margins.
Sales & operations planning
Hi-tech industry is considered the leading indicator of the economy. The lead times for product development and manufacturing being such that assemblies are planned today for deliveries months down the road. Hence the S&OP process has to be tightly linked to global variables as well as the new product development.
New Product Development as speed to market
OEM’s are now bringing new products into the market every 6-9 months. The entire product development and portfolio management should be collaborative, secure and workflow driven.
Quality trace and track
Each batch needs to be sampled and tested for certain quality parameters. The same travel with the lot till the end product.
Gazelle’s Supply Chain Solution Framework for Hi-Tech
Our solutions framework includes business processes, technology platforms incorporating industry 4.0 technologies to provide practical solutions to the above.
Gazelle’s supply chain solution platform consists of the following components
LookAhead Demand Forecasting
Trace & Track
LookAhead Demand Driven Replenishment Planning
Artificial Intelligence
Machine Learning
IoT in supply chain
Want to get results like this?