What’s the best way to buy electronic interconnects such as custom cable assemblies, wire harnesses, and electro-mechanical assemblies? For many original equipment manufacturers (OEMs), price is the main driver of procurement decisions. Price is important, of course, but it’s less than your total cost of ownership. Price is also different from the total value you [...]
Total cost of ownership (TCO) isn’t just about piece price. As we learned in Part 1 of this series, supply chain TCO for electronic assemblies covers a number of different areas. In Part 2 of this series, we’ll examine these areas in closer detail: Shipping and freight Inventory carrying and holding Trade financing Quality Regulatory [...]
Total cost of ownership (TCO) is the sum of all of the costs associated with every activity in your supply chain. By reducing TCO, companies that need custom cable assemblies, wire harnesses, and electro-mechanical assemblies can strengthen their bottom line. In addition to lower costs, businesses with optimized supply chains experience increased quality and better [...]
