The Paragon Electronics Group has launched a range of postponement manufacturing services to help with demand forecasting challenges.
The software allows late-stage configuration of products specific to a particular order or end user.
For OEM customers with highly configurable products, late stage configuration and postponement techniques can alleviate demand forecasting challenges.
Group Managing Director, John Mayes, said: “Postponement manufacturing provides a highly valuable solution to OEMs looking to meet the challenges of demand forecasting.
“However, it does necessitate a high degree of collaboration and visibility throughout the supply chain, so it can prove daunting for manufacturers to manage in house… We have an end-to-end manufacturing offering delivered through our group manufacturing facilities in the UK and Czech Republic.”
Just how important is postponement for manufacturers? Tell us on Linked In.