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Successfully developing and implementing a cable and wire solution for a project needs extensive preparation and completion of several time-consuming steps.
FREMONT, CA: Streamlining the supply chain and lowering the total cost of ownership can boost the overall profitability of companies that use wires and cables. While achieving these objectives can be difficult, an experienced and skilled wire and cable partner can assist the companies in developing the ideal wire or cable solution for the project.
Companies must precisely define the wire and cable requirements and efficiently communicate them to the partner, which demands an understanding of the supply chain system.
Developing and implementing a cable and wire solution successfully for a project requires careful planning and completion of various time-consuming steps. Working with a single supplier can help the companies simplify this process because they can accept and manage responsibility for every phase of the project, from design to delivery, under one roof.
Here are the five critical steps in the wire and cable supply chain process from raw material sourcing to product delivery.
Raw Material Sourcing
Wire and cable manufacturers are usually the middlemen for raw material suppliers and customers. As a result, they must be experienced and highly skilled to source the appropriate materials for a project.
A skilled wire and cable manufacturer frequently has information on current market trends related to wire and cable materials and a network of reliable material suppliers, which can benefit users by providing access to quality materials at a reasonable price.
This stage of the wire and cable supply chain process involves planning and carrying out all production activities (for example, product manufacturing, testing, packaging, and release). The parties in charge of these tasks must also manage performance checks, gather and store relevant information, supervise the appropriate facilities, and ensure regulatory compliance.
The transportation stage of the wire and supply chain process entails transporting the product from its starting point (generally the manufacturing facility) to the end-user. Even though this step contributes to less than 5 percent of total production costs, it is crucial to the success of the process. As a result, it is critical to executing a product's transportation carefully.
Even though some applications can be served by off-the-shelf wire and cable solutions, several modern applications demand highly specialized solutions. In these cases, a wire and cable collaboration with custom manufacturing capabilities can save time and money by guaranteeing they receive a tailored product to the specific requirements.
Delivering the finished product to its final destination is the final step in the wire and cable supply chain process. While this step usually entails sending the product to a wholesaler or retailer who distributes it to end-users, it can also involve sending a custom product directly to the consumer.