Organisational Efficiency: Insights from Component Sense’s CEO
Organisational efficiency is the pillar of a successful business. So, what does organisational efficiency look like for Component Sense?
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Organisational efficiency is the pillar of a successful business. So, what does organisational efficiency look like for Component Sense?
The 30th UN Climate Change Conference (COP30) in Belém, Brazil, wrapped up with significant commitments that will shape industries worldwide. This recap highlights the industry-focused outcomes most relevant to OEM and EMS companies.
In electronics manufacturing, precision is everything. A single forecasting error or mismanaged material order can lead to costly downtime, excess inventory, and wasted components.
About 10% of a global manufacturing company’s revenue is tied up in excess and obsolete (E&O) components. Many default to scrapping or landfill for disposal. This ultimately hurts profit margins, increases warehouse costs, and undermines sustainability goals. Component Sense helped Corning Inc. address this challenge head-on.
As the world strives to meet the Paris Agreement targets, COP30 represents a critical moment for global climate action. The summit could shape the policies that determine our planet’s future.