Electronic component sourcing is unlike any other commodity. Fast update cycles, changing consumer demand, and the ‘new normal’ work environment due to COVID-19 means sourcing decisions must be increasingly nimble.
To better understand NPI (new product introduction) innovation drivers and impediments, Supplyframe sponsored a Dimensional Research online survey of 217 OEM decision-makers with responsibility for sourcing electronic components at companies with 500 or more employees.
The whitepaper outlines the survey's findings, offering a number of interesting conclusions:
- Collaboration with engineering has a direct impact on business and innovation
- Sourcing systems do not support collaboration and innovation
- NPI is often delayed and launched with high costs
- COVID-19 creates even more imperatives for innovation
Download the full whitepaper to discover the survey's findings and implications for NPI in greater detail!
