It's high time for a conversation on what happens when parts and devices are damaged but not ruined.
When disaster planning for the supply chain, people rarely talk about what happens when parts and devices are damaged but not ruined. However, in the aftermath of the Japanese earthquake and tsunami, the Thailand floods, and the hurricanes and tornadoes in the US, it's high time for this conversation to start happening in a big way.
Reverse logistics and repair are crucial parts of disaster recovery efforts. Fortune 500 electronics manufacturers will have to rebuild production equipment. Individual consumers will want their under-warranty cars, laptops, and phone replaced. Third-party vendors will be salvaging and reselling scrapped parts.
Let's take Hurricane Sandy, just because it's still fresh in many people's minds. In February, the National Insurance Crime Bureau raised its estimate for the number of vehicles damaged by the storm to 250,500. That number is still based on preliminary figures and could change as more insurance claims are processed. Many of those cars have been cleaned up and may be back on the market under the "good but previously damaged" label. Many others have turned up without such a label. Click to read the rest of this story on EBN.
At some point in the life of a technology startup company, the CEO and the founding team will be confronted with the question of whether to sell the company or not. Hopefully, the question arises in a positive context and comes from an interested buyer driven by the opportunity to deploy the new technology to a much larger user base.
The IoT, wearables, and 3D printing-focused Designers of Things conference has also partners with the IPSO Alliance to call on entrepreneurs, makers, students, and professional engineers to submit designs using IP.