Michael Pecht, Diganta Das, Liyu Yang and Peter Sandborn
CALCE Electronic Products and Systems Consortium
University of Maryland
College Park, MD 20742
The last decade has seen dramatic changes in the ways the electronics industry has organized and conducted business. Core competencies, out-sourcing, the virtual company and supply chain management have become strategic declarations. But most striking has been a change in the business attitude towards a time-to-profit mentality, a concept that requires a quick response on risk assessment, mitigation and management. This article overviews the state-of-the-practice in the electronics industry and some of the risk areas of concern. Approaches that are being developed to address these risks are then discussed.
Complete article is available to CALCE Consortium Members