Eight things you should do when your PCB vendor has been acquired.
Your printed circuit board supplier has been acquired. Will this acquisition benefit you as a board buyer? Or will it lead to higher prices and a reduced level of service?
The reality is that your relationship with the supplier and the level of service will likely change. Here are steps you can take to protect your PCB supply chain.
1. Don't wait to be visited by the new supplier team, especially if the acquired firm was a big part of your PCB spend. Request a meeting sooner rather than later. Pay attention to how receptive the new supplier is to the meeting and be ready to ask as many questions as you need to get the lay of the land.
Don’t be afraid to stir the pot to get the best prices from vendors.
Printed circuit board buyers face a challenging environment in 2023, with rising prices for raw materials and freight, along with the continuation of tariffs. A solid board-buying strategy is going to be more important than ever. Does your firm have one?
Improper management of client info can result in financial or legal repercussions.
Prior to establishing any business relationship, most companies require signed nondisclosure agreements (NDAs) for all parties involved with the manufacture of their products. But an NDA is not a license to share everything about a customer’s product. OEMs, EMS companies and PCB manufacturers have an obligation to protect their customers’ intellectual property (IP).
Relying on a single source is a recipe for failure.
“Good, fast and cheap … pick two” is an old maxim that applies – to a degree, anyway – to the printed circuit board industry.
The implications, of course, are that if it’s fast and good, it’s going to be expensive; if it’s good and cheap, it will require lots of time; and if it’s cheap and fast, the quality will be poor.
PCB buyers should keep this in mind when choosing vendors and avoid relying too much on one supplier if they want good quality boards delivered on time and at a reasonable price.