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5 Keys to Success When Sourcing Alternate Parts

5 Keys to Success When Sourcing Alternate Parts

Global supply chain disruptions continue to derail manufacturers in the high-tech, automotive, and renewable energy sectors as they grapple with long lead times, higher prices, and electronic component shortages. Compounding matters is the increased market demand for new applications in AI, 5G, and IoT which intensifies the scarcity of critical components. To mitigate risks, many companies are...

Why Does Software Time to Value Matter to Your Business?

Why Does Software Time to Value Matter to Your Business?

We all want to get the highest and fastest return from our investments, whether we’re purchasing a home, participating in the rewards program for our favorite products, or selecting a software solution for our company to help improve our work. Be it personal or professional, we all want to reap the benefits of our investments as quickly as possible. Time to value (TTV) refers to the amount of...

5 Tips to Minimize Tariff Risks in Your Supply Chain

5 Tips to Minimize Tariff Risks in Your Supply Chain

With recent political shifts potentially leading to an influx of new tariffs, manufacturers are gearing up for considerable disruptions across the global supply chain. In 2024, the Biden administration finalized tariff hikes on several Chinese-made goods including lithium-ion EV batteries, solar energy inputs, and semiconductors1. More tariffs are likely to follow as U.S. President-elect Donald...