A well-defined line between innovation that's useful and innovation that's a trendy novelty could reduce operational risks and supply chain challenges.
There's a fine line between innovation that's useful and innovation that's a trendy novelty. A well-defined line could reduce operational risks and supply chain challenges.
As one PwC report points out, innovation is moving from something created in a lab towards something that creates value for customers. Said another way, as written here, innovation is "something different that has impact."
Generally, over the last decade or two, the electronics supply chain has taken a number of steps that by those definitions fall into the innovation category. New software tools, along with better internal and cross-enterprise practices, have improved forecast and inventory visibility, product delivery, manufacturing process, and new product design -- all of which have created value and impact.
But, where do we go from here?
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