Keith Mitnik is the co-founder of Phoenix Display. With a background in mechanical engineering and a master’s degree in business, Keith has applied his expertise to identify the patterns and solve problems in supply chain management for the past two decades.
Nobody in manufacturing changes their supply chain for fun. Sourcing components is a complicated process. With a product development cycle of eighteen months or more and millions of dollars of sales at risk, your top priorities are stability and reliability from your suppliers. You change because you have a problem and you need to solve it.
The engineer’s mindset is all about solving problems in the most efficient and effective way. How do you do that? It starts with analyzing the root of the problem to find the exact point of failure. You break down complex issues to the simplest possible variables and then create solutions that can prevent the problem from happening again.
In the twenty-two years I’ve been in the LCD display business, I’ve learned that there are five problems that can show up in your supply chain and only five: obsolescence, delivery, quality, performance, and cost. And these hold true not just for displays but any type of commodity. In this e-book, we’ll cover these five problems, as well as why assessing your needs and risks is the first step to solving them.
Download the first chapter of the book free – no email required!
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