The Extron Approach:
Last Mile Manufacturing®
Problem:
The Old Supply Chain Model is Broken
Asia/China Centric Supply Chains are Non-Resilient:
If you are building most of your high-value electronics or medical device overseas, you are likely subject to supply chain interruptions caused by geopolitical or economic issues, transportation issues, or natural disasters. Critical IP is often exposed to overseas theft. It's slower to respond to changes in demand, and it's harder to learn and pivot when product defects are discovered.
Extron's Solution:
Last Mile Manufacturing®
Extron's unique Last Mile Manufacturing® approach restructures your supply chain so that the final assembly and testing of key components occurs closer to your customer. This minimizes the potential for supply interruptions, protects critical IP, and gives you the flexibility to grow and adapt faster.
THE NET RESULT: SUPPLY CHAIN RESILIENCE.
Why is Supply Chain Reslience important to high-growth companies?
Today's eary-stage and high-growth hardware companies need the following:
Efficiency
- Cost Reductions
- Inventory Reductions
Scalability
- Flexibility
- Responsiveness
- Expansion
Speed
- Faster Implementation, Learning
Resilience
- Minimize Interruptions
- Protect IP
How Does Last Mile Manufacturing Create Supply Chain Resilience?
STRATEGIC USE OF OFFSHORE
- Not a reliance upon it
- Eliminate single points of failure
- Silo and protect IP
FINAL ASSEMBLY
IN-MARKET
- Volume-sensitive components
- Customer-specific configuration
- High value-density elements
IN-MARKET
TAILORED GLOBAL SOLUTIONS
- Quasi in-house but outsourced
- Integrated in-market operations capabilities
- 24/7 visibility and control
A Key Element: Intelligent GlobalizationTM