Product category: Electronics Manufacturing Services
News Release from: Knight Electronics | Subject: Needs assessment service
Edited by the Electronicstalk Editorial Team on 9 May 2006
Service aims to
spot cost saving opportunities
A free needs assessment service aims to identify cost saving opportunities for purchasing and warehousing of electrical, electronic and electromechanical parts and subassemblies
Knight Electronics now offers a free needs assessment service to identify cost saving opportunities for purchasing and warehousing of electrical, electronic and electromechanical parts and subassemblies. Knight's assessment programme includes an on-site meeting with a Knight representative to identify significant areas for reductions in purchasing and inventory carrying costs.
This article was originally published on Electronicstalk on 9 May 2006 at 8.00am (UK)
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The needs assessment service is another means of market differentiation for Knight's distribution and sales representative partners.
Knight has outlined its capabilities and needs assessment services in a new corporate brochure now available from the company.
With 25 years of experience in global manufacturing, Knight is uniquely positioned to assess individual company needs.
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As a technically enabled manufacturing services company (TEMS), the company's cost-saving services can potentially save manufacturers 10% or more on communication, travel, procurement, transportation and currency risk through Knight's integrated supply chain.
'Manufacturers everywhere are getting demands for lower pricing from their customers'.
'If not directly from customers, then the competitors are applying pricing pressure', said Bob Knight, President of Knight Electronics.
'The challenge manufacturers face today is offering broad-based cost-saving differentiation plans, not just low-priced components'.
'At Knight Electronics, we have decades of international sourcing and engineering experience that results in lower cost, higher efficiency sourcing of components, assemblies and inventory services that free cash flow, providing more profits and opportunities for today's electronics OEMs'.
The Knight needs assessment recommendations typically include multiple cost-saving measures.
Just-in-time delivery systems can significantly reduce inventory costs.
Lower-cost production facilities with proven performance records and/or Knight's experienced engineering staff can help decrease procurement and parts costs for both standard and custom components and subassemblies, regardless of project scope.
And each of Knight's products and services is supported by an established worldwide sourcing network, which includes corporate warehouses and facilities in Dallas, Texas (corporate office and North American warehouse), China, the UK, Poland and elsewhere.
The network is further supported by a world-class network of representation and distribution partners.
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