Hi-Tech Electronics

Manufacturers in the high-technology and electronics industry are under constant pressure to introduce innovative products that are more appealing, reliable and inexpensive. The pace is relentless and requires cross-functional and cross-entity communication to get the right volume and timing of product to the marketplace.

High-tech and electronics are characterized by short product lifecycles, long procurement lead-times, indirect channels and complex supply chain networks. The constant challenge for this industry is to optimize throughput and maximize efficiencies within standard industry practices and processes. Increasing numbers of electronics companies are outsourcing much of the manufacturing processes. Contractors provide turnkey design, production, sourcing and repair services. Effective collaboration is a requirement, and OEMs and contractors depend on standard processes and technology solutions that integrate information on a global scale to maintain control.

Some of the key Sub Verticals under Hi Tech Electronics are as follows:

• Industrial Electronics: Process Control Instruments, Electricity Measuring Instruments, Measure and Control Devices, Laboratory Analytical Equipments
  
  
• Electronic Component and Accessories: Electronic Components, Printed Circuit Boards, Electronic Connectors, Electronic Coils, Transformers and Inductors
  
  
• Computer and Office Equipments: Computer Peripheral, Electronic Computers, Computer Storage Devices, Office Machines
  
  
• Communication Equipments
  
  

At Merino we understand the key characteristics/ challenges of Hi Tech Electronics Industry and hence position our self as a strong Business partner for this industry, so key characteristics are as follows:

• 2 types of manufacturers
  • Standard parts at low cost
  • Highly specialized and advanced
• Rapid new product introductions & technology changes
• Huge R&D investments
• Rapidly shortening product lifecycles
• Rapid price erosion
• Highly variable demand volume and specifications
• Globalization with diverse customers
• Suppliers and competition
• Virtual manufacturing and distributed supply chain
• Product complexity/customization
• Increasing global and virtual supply chain
• Increasing product complexity and needs for customization

Some of the key Trends in the Hi Tech Electronics industry seen over last few years are as follows:

• Increased value chain complexity through partnerships and outsourcing
• Continued supply chain and cost focus but more effective controls
• More intimate and interactive customer relationship
• Increasing outsourcing to low- or best-cost countries
• Return to growth drives the need for Information Technology
• More environmentally conscious and growing emphasis on compliance and regulatory requirement

Merino has been involved with some of the key Hi Tech Electronic companies in implementing and managing Enterprise Solutions.