No Matter how much forethought or planning goes into a job, problems do and will arise from time-to-time. This is a regular dilemma when purchasing for a BOM and can only be avoided by advanced total project procurement which, in most cases, is not financially prudent.

 


Future Requirements

Naturally, part of the buying process will always include planning for future requirements and making sure that the BOM procurement is complete and scheduled for delivery in good time to avoid production hold-ups; but things don't always go to plan.
Is it possible to be pro-active and plan for that unexpected unavailability? The answer is definitely yes!

 


By identifying critical components on your BOM it is possible to mitigate the financial risks associated with delivery and obsolescence problems so that should the scenario arise you have an already costed, proven and available solution. When considering an Adapter, thought needs to be given to any potential increase in manufacturing costs for the period that the component is unavailable but, this needs to be offset against the costs attributed to unplanned interruption and a rapid response is required to limit business risk.

It is not enough to know what it will cost to implement a solution, it is also critical to know when that solution will start to pay off.
Of course, the ideal is for the specified component to be located in good time, but does that mean you have wasted your time finding a solution you no longer need? Absolutely not. What you have is an alternative to add to the BOM for the next time you are told lead times have gone out.

 


More importantly, pro-active critical component management allows you to identify where potential bottle-necks may arise and provides opportunity to have an alternative solution approved before it becomes critical to production. This will not only save the day, job and money it will give piece of mind and assure the company and its customers that the project will be delivered on schedule.

Through teaming, Winslow Adaptics can help you identify your critical components, prepare you with a solution for use in the event of delivery problems and monitor your critical components in the market place.

For more information regarding this service, please contact us at our UK office.

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