The risks associated with the increasing complexity of supply chains makes traceability extremely important for producers of electronics, regardless of their scope or size.
Traceability is the ability to trace (reconstruct the history of) the movement of components at every stage of the process chain and supply networks, together with tracking parameters which identify these components and the locations associated with their movement. Traceability solutions allow for a clear insight into each stage of the production process, thus making sure that the right material is used at the right stage of production.
Producers use this information to:
Traceability, and more precisely its benefits and influence on the electronics production industry, is definitely a hot topic and has been discussed in many science and research papers in recent years.
Even though traceability systems improve production processes and reduce costs associated with product faults or incompatibility, financial costs and the value of the implementation of such a system are equally important business factors when making the decision to introduce one. Nowadays, such systems are relatively expensive, especially if one wants to gather information about all devices on the production line. Thanks to the ever-increasing popularity of such systems, there’s likely to be a drop in their cost in the near future, and thus they’ll become more affordable.
Due to ever-increasing requirements – industry regulations, and regulations regarding warranties and returns – electronics producers have a lot to gain by using traceability systems. The direct and indirect benefits of such systems can help a producer stand out and compete in the market. Among the benefits of traceability are the improvement of the production process, control over the supply chain, minimisation of the risk of defects, and improved customer service. The value obtained through implementing a traceability system, together with avoided risks and costs, makes it a key mechanism for the producer who wants to improve transparency, efficiency, and the quality of their product. A traceability system can be tailored to a company’s needs and investment capacity. The most common traceability systems are introduced because of a client’s requirements, but the benefits of implementing one go way beyond this.