Helping to overcome challenges in the Electronics industry
Supply chains will not easily get more complex and volatile compared to what you typically see in the electronics industry. The fast pace of innovation and continued increase in global demand for electronic products heavily collide with the unstable availability of raw materials and certain components, the growing attention for sustainability and the war for talent. Outsourcing partners often bring solace but add end-to-end planning complexity.
As much as 40% of all electronics OEMs have relocated some manufacturing to other global locations, caused by inflation, labor cost increase in China, shipping costs, and altering trade tariffs on semiconductors and other electronic assemblies and parts. This has led to electronics component supply shortages, but it also has redrawn the electronics industry landscape and changed the dynamics of global competition. Consequently, OEM's had to increase prices but try to remain highly competitive by making their production and supply chain processes as efficient as possible. This is where our modern technology can help.
The global market of contract manufacturing in electronics will continue to grow annually by 10 to 15% in the coming 3 to 5 years. For already a long time, it has been a proven model for success in the industry to increase efficiencies and have a more cost-effective manufacturing process, but it also allows companies to focus on R&D and innovation, and cope with the war for talent. With many new upcoming innovations like AI, organic, miniaturized and printed electronics, IoT, etc., the pace of change in products and consequently in supply and production partners will remain a given. A digital supply chain will allow you to absorb change much better.
Emerging technologies are driving a significant change in the bill of material of electronics products, but also the increase in regulatory compliance and environmental standards is pushing manufacturing costs upwards and adding complexity to global supply chains. Non-compliance against programs like REACH, WEEE, RoHS, RED, CE, and many more can result in serious fines and expensive product recalls. Also, energy reduction and less waste disposal are a few examples of how the industry aims to reach ambitious ESG goals. Multi-enterprise collaboration networks help to get new partnerships going rapidly, improving time-to-market.
Incorporate agility and resilience
Choose your starting point and roadmap to a better place
Our apps provide a distinctive value proposition tailored to your specific industry needs. Whether you seek to enhance collaboration in procurement, forecasts, inventory, manufacturing, logistics, maintenance & quality, or invoicing, we offer a cost-effective and modular solution for your digital transformation project of preference.
We can deal with the complexities of integrating your and your partners IT-systems to a collaborative solution. This means, with the Quyntess SCM apps, you can automate business processes from your backend systems to a global ecosystem of trading partners efficiently. The best part is, you will experience tangible savings and benefits within a matter of weeks, not years.
Customers succeeding with Quyntess
"Platform and related Quyntess SCM apps offer us the needed functionality. Depth of features and functions is a good fit and functionality extension is offered by the app builder when there is a sound business need. Intuitive user experience is key to us for a 600+ supplier network."
Most selected apps in Electronics
Our SCM apps pave the way for modern eco-system collaboration
The powerful Quyntess SCM app suite focuses on all facets of digital business communication, item tracking at every stage, streamlined collaboration processes, and supply chain performance indicators. All of these capabilities are available on a single collaborative business network with global coverage. This empowers you with the flexibility to start improving where you want.
Additionally, our composability promise provides seamless API-driven process integration between applications and external systems. We have incorporated the complexity in our application and integration data model so that your teams can easily navigate through an intuitive and user-friendly interface to manage their day-to-day operations.
The Order Collaboration App optimizes collaboration on classical purchase orders and complements or provides an alternative to EDI integration in case order and order line volumes are lower but do require close alignment on data changes. For contract-based procurement, this is also where you share the contracts with suppliers that drive the delivery schedules. They are used to update prices, add contract lines for new periods, and monitor overall quantities and price breaks.
With the Forecast Collaboration app, we support your contract-based procurement scenarios. Delivery Schedules are shared with suppliers in a way that it is easy to work with them because we proactively point out relevant changes. In addition to pushing out direct demand and forecast overviews, you can also decide to work with a feedback loop from the supplier in order to anticipate material shortages and delayed deliveries, leading to less impact on production planning and delivery performance.
This app is designed to improve forward visibility on projected inventory balances bringing together all relevant elements such as forecasts, announced dispatches, inventory by location, and production schedules. It proactively alerts on shortages, especially if milestones from external sources are not reported for completion. They safeguard from production schedule disruptions and if used smartly can drive safety stocks down by suppliers’ actual performance and deviations in the calculation.
Supply Chain Management Dashboard
The Supply Chain Management Dashboard is designed to better track and control collaboration with various suppliers and turn supply chain data into actionable insights. The app offers different screens and parameters that make it possible to get a single version of the truth about the performance of individual and/or all suppliers and other partners, creating a unique passage to your KPI metrics.
Co-Manufacturing Collaboration is an innovative and user-friendly app designed to streamline and enhance collaboration with third-party manufacturers. With a focus on finished goods manufacturing or repacking orders, label printing, and raw material management, our app empowers you to seamlessly manage your contract manufacturing processes while maintaining transparency and efficiency.
No suitable solution for your priority here?
The Quyntess Supply Chain Management suite consists of 13 comprehensive apps which allow you to improve collaboration across the supply chain. Learn more about each app and find a suitable solution to match your business requirements around product data, shipment and logistics collaboration, co-manufacturing, dock scheduling, maintenance & quality, or electronic invoicing.
Run a quick supplier screening
Interested in harnessing the potential of our robust platform and vast network of over +2.5 million connections? Simply provide us with the details of the next 20 new vendors you plan to onboard this month, and we'll swiftly conduct a screening within our connected supplier community!
Do you have multiple priorities?
Discuss your and challenges with us
Book a complimentary workshop with one of our experts to determine the top priority for your digital transformation. Already know your top priority or want to onboard new suppliers, get in touch so we can run a supplier check.