6 Things to Consider When Sourcing a Printed Circuit Board Manufacturer

A printed circuit board is a basic part of many electronic devices. The design of the boards can vary from the simple to detailed units to match the intended use. However, it is essential to find the reliable manufacturers to ensure a high-quality board is built and able to last for the long-term.

Let’s take a look at a few of the most important things to consider:

Latest technologies

The reliable manufacturers will make use of the latest technologies that are able to work with the modern devices. There are still many manufacturers that continue to use obsolete or old software, but this isn’t likely to give the desired results if creating a high-end product.

Flexible design options

The ability to provide customization in the process of creating the printed circuit board is certain to be a very appealing quality. Any manufacturer that is able to help in this area will be very efficient at creating the bespoke service to match the specific needs.

Production time

It is very important to use a manufacturer that is able to offer timely delivery. Any delays or lags in the build process can lead to lost orders, penalties or other issues that can impact the finances. Make sure to check the typical delivery time before making a commitment.

Services offered

The types of services offered are likely to vary between the many different manufacturers. However, a useful service that should be included is the ability to fix faults. So, if faults are detected in the boards after delivery, they can be repaired in a fast and efficient manner.

Prototype options

A further useful point is to find a manufacturer that has an in-development department that can help create the initial prototypes. They should also have the option to use the various types of boards, such as the solid, anti-vibration and flexible. The flexible boards make it a lot easier to create the bespoke design. For instance, they are a practical option when it is necessary to have complete control over the thickness or shape of the electronic devices.

Check reputation

One of the most basic steps to take to shortlist the best options is to check the reputation of the different manufacturers. This is achieved by checking online reviews or testimonials or simply to source personal referrals. Any company with a strong reputation is certain to have the skill and know-how to produce the high-quality products.

8 Ways To Reduce Your Monthly Business Expenditure

Even the most successful of businesses inevitably face a cash crunch or two during their lifetime during which paying bills, giving employee wages, handling operational costs, etc become a nightmare. Here’s how to avert such adverse events through cost-cutting strategies.

We’re not talking about laying off employees or cutting corners from an already tight budget. We’re talking about practical ways like the ones below to save your business a substantial sum of money every month.

Make friends with technology

Is that document submission process taking too long? Is accounting eating into your team’s valuable time? Use technology! Many companies feel that investing in such products is a waste of money but very few realise that time is money. Using products and services saves time and minimises instances of manual error, making work smooth and thereby, giving more room to creativity.

Test before you buy

Seasoned shoppers all have one mantra; “One needs to shop around before buying.” Similarly, companies too should not jump on a product and purchase it for the entire team. Most products offer free trials or discount offers for the first month which gives your team to test it out and then purchase it. In case the tool does not offer free trials, buy it for an individual before purchasing for the entire team. Make sure to compare different products available in the market, consider their pricing, read reviews by peers, etc before making a decision.

Buy in bulk

Buying in bulk is a money-saving principle used by businesses, big and small. Be it the retail shop owner across the street or designers who bulk buy fabrics to make profits, it is always cheaper to purchase in bulk. Buy essentials like office supplies, like paper, printer cartridges, etc or products like tissues, coffee, etc. in bulk. You may be able to save thousands this way.

Track every little expense

Keep a record of all miscellaneous expenses or buy tools to track every kind of expense no matter how small or insignificant they look. Small expenses often add up and create bottlenecks when claiming taxes. The best way to track these expenses is to save all the receipts and review credit card settlements at the end of the month. There are many apps and service products that can help with this.

Review expenses every quarter

Purchased a SaaS tool last quarter? Don’t forget to stop the subscription once you no longer require it! If you forget, you will find that your business is burdened by services you never use that simply weigh down the balance sheet.

Find creative alternatives to traditional vendors

Some services are required by every business irrespective of their size. If you are looking for HR and Recruitment services don’t just rely on conventional options but explore and then select the agency or services based on your requirements.

Apply credit card rewards points for gift card purchases

Use your credit card reward points to purchase gift cards to minimise business expenses like employee gifts, office supplies or travel. You can save thousands with these points.

Renegotiate your payment terms and timelines with clients

If yours is a B2B Business and your clients ask for payment terms of 30-90 days, offer them a discount on their next purchase in exchange of timely payment. Alternatively, you could also give a discount on current invoices in return for early payment that can boost your business growth and maintain a healthy cash flow through invoice discounting platforms.