Cost Management Strategies and Approved Components List for Electronic Parts Management
Overview:
Electronic parts management is becoming more complex in today’s fast-paced landscape. With increasing systems obsolescence and growing counterfeit products in the backdrop, the need for effective cost management and component verification strategies has never been more crucial for the electronics industry.
However, to ensure the successful implementation of these strategies, manufacturers should also have a robust resource of updated electronic parts data that will enable them to make procurement and manufacturing decisions and tasks efficiently.
In this LIVE Webcast, electronic parts management experts Vernon Densler (SiliconExpert) and Michael Pecht (CALCE) will provide crucial information on how electronics suppliers and manufacturers can better manage cost and ensure compliance with an Approved Component List (ACL). As experts, they will also offer helpful insights on the importance of having up-to-the-minute electronic components database.
Key Issues:
- Recent Trends in Electronic Parts Management
- Approved Components List (ACL) – Challenges and Opportunities
- Effective Strategies:
- Cost Management
- Component Verification
- Significance of an Updated Electronic Components Database
- Essentials of a Robust Solution
Agenda:
Vernon Densler, Senior Project Manager
SiliconExpert
- Obsolescence 101
- Supply Chain Insights:
- PCN Notification Dates Vs. Last Order Date
- Types of Obsolescence Management
- Cost Increases the Later Obsolescence is Detected
- Approved Components Lists
Michael Pecht, Director, Professor and Consultant
Center for Advanced Life Cycle Engineering (CALCE), University of Maryland
- Why the supplier selection process may be more critical than the part selection process
- How can a company determine if a selected part meets the targeted reliability requirements
Who Should Attend:
- Finance Officers
- Engineering Managers
- Component and Design Engineers
- Reliability Engineers and Managers
- Project and Program Managers
- Supply Chain Managers
- Maintenance Managers
- Storeroom Managers and Supervisors
- Operations and Production Supervisors
Vernon Densler is a Senior Product Manager at SiliconExpert. He has been with SiliconExpert since 2018 and previously spent 18 …
Prof Michael Pecht (25,000+ citations, 70+ H-Index) has a BS in Physics, an MS in Electrical Engineering and an MS …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
General knowledge of electronic parts management
Course Code:
149049
NY Category of CLE Credit:
Skills
Total Credits:
1.5 CLE
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SPEAKERS' FIRMS:
About SiliconExpert
SiliconExpert provides the relevant data and insight needed to remove risk from the supply chain.
Founded in 2000, SiliconExpert helps you make better decisions, faster. Over 400 electrical, software and data engineers handcraft our component database to deliver the most comprehensive and current tools in the industry. Customers globally use our solutions to manage risk, avoid redesigns, and mitigate obsolescence in innovative industries such as consumer electronics, telecommunications, automotive, medical and aerospace. SiliconExpert’s customers include: leading commercial and government OEMs, top-tier authorized distributors, contract manufacturers and component suppliers.
Website: http://www.siliconexpert.com/
About Center for Advanced Life Cycle Engineering (CALCE), University of Maryland
The Center for Advanced Life Cycle Engineering (CALCE), at the University of Maryland, has been serving the electronics industry as a resource and knowledge base for the development of reliable, safe, and cost effective products for more than 35 years. Supported by over 150 of the world’s leading companies, CALCE is the reliability science leader in the areas of failure mechanism identification and modeling, accelerated test methods, prognostics and health management approaches, supply chain management techniques, as well as the application of artificial intelligence for remaining life and fault prediction of electronic devices and assemblies. In addition to its active research, CALCE provides test and failure analysis services and continuing education opportunities to practicing engineers through monthly webinars, industry symposia, and professional development courses.
Website: https://umd.edu/