I ponder if it’s time to swap ‘just-in-time’ provide chains for ‘environment friendly and sturdy’ provide chains. To me, utilizing the JIT descriptor suggests each provide chain course of is in good lockstep with each different to the closest minute. That isn’t the case and by no means will probably be. In the end, somebody, someplace is all the time ‘holding the child’.
Driving ‘work in progress’ in direction of zero, for each part on a bill-of-materials, throughout each course of step—from mining uncooked supplies to soldering components to a PCB—is a laudable objective. Think about this might be achieved for a second in time. A second later, some type of geopolitical, monetary or technical change might render it ineffective.
As an alternative, what’s required is probably the most environment friendly, versatile and sturdy provide chain for each time limit, whatever the stage of unpredictability. Is that this achievable? I consider so, as a result of widening availability of digital twins and APIs. It’s all about capturing and sharing simply the correct amount of information, the complete size of the availability chain, in actual time. I could be certain of this for 2 key causes?
Firstly, once I’m not modifying Electronics Sourcing I’m concerned within the growth of digital platforms. Staring January 2023 I’ve determined that future growth tasks will all the time be ‘API first’ utilizing, presently, authenticated RESTful JSON know-how. Secondly, most of the conversations I had with distribution organisations throughout my go to to Electronica have been as a lot about knowledge flows as they have been concerning the parts themselves.
Belief me, upon getting linked two purposes through a standard interface you shortly uncover the entire is bigger than the sum of the components.