EMSNow caught up with one of the architects of the EMS industry, Benchmark Electronics Inc. President and CEO, Paul J. Tufano for an Executive Interview. Paul joined Benchmark in 2015 and brings broad experience to his role, having spent over 35 years in the technology and telecommunications industries.
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The EMS business model went under attack due in part to the concept of continuous cost reduction that OEMs wanted to build into their agreements. Did anyone really do the math on that? A 2-3% price reduction every quarter ends up at zero eventually. Something had to give. And it did. EMS companies have figured out how not to go bankrupt…at least the ones that survived seem to have.
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TTI has emerged as a leader in delivering information to customers and the industry about the component shortage crisis. EMSNow caught up with Jeff Ray, Vice President – Product & Supplier Marketing, Passives and Discrete Semiconductors to gain some insights into what’s happening in this fast-changing environment and when conditions will improve.
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Yes, ‘Doers and Dreamers’ — that was the theme of this year’s International Manufacturing Technology Show (IMTS) and there seemed to be plenty of both at McCormick place on a gorgeous early fall Wednesday in Chicago. EMSNow was there, along with 122,000 other local and international people learning about the latest products and processes for manufacturing.
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The concept of tariffs makes sense, on paper. Taxing goods or services as they enter or leave a country is an effective means of balancing trade and encouraging domestic employment. When put into practice, however, many forget to consider the all-important balance these taxes represent.
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