Ensuring Electronic Component Traceability From Idea to Innovation

Created: October 25, 2024
Ensuring Electronic Component Traceability From Idea to Innovation
00:35:52 Oct 23, 2024

Watch the webinar to learn how to achieve full transparency, improve collaboration, and ensure compliance throughout your entire supply chain—whether you are sourcing domestically or abroad.

1 video
  • Ensuring Electronic Component Traceability From Idea to Innovation
    00:35:52 Oct 23, 2024
    Ensuring Electronic Component Traceability From Idea to Innovation
    00:35:52 Oct 23, 2024

    Watch the webinar to learn how to achieve full transparency, improve collaboration, and ensure compliance throughout your entire supply chain—whether you are sourcing domestically or abroad.

As global supply chains evolve, nearshoring, reshoring, and the CHIPS Act are reshaping how electronics are developed and manufactured. Watch our webinar to discover how these trends impact electronic component traceability and how you can optimize your Bill of Materials (BOM) management. Learn how Altium 365 empowers you to achieve full transparency, improve collaboration, and ensure compliance throughout your entire supply chain—whether you are sourcing domestically or abroad.

What You Will Learn

  • Understand the growing importance of nearshoring and reshoring in response to global disruptions and how it affects electronic component sourcing.
  • Explore the CHIPS Act and its implications for boosting U.S. semiconductor manufacturing and reshaping supply chain strategies.
  • Identify the pitfalls of traditional BOM management, such as manual data entry, lack of integration, and challenges in maintaining traceability.
  • Discover how cloud-based BOM management can improve your ability to trace components from procurement to product assembly, ensuring compliance with critical industry regulations like aerospace and medical devices.

Agenda

  • Introduction
  • Understanding Electronic Component Traceability
  • The Impact of Nearshoring, Reshoring, and the CHIPS Act
  • Challenges in Traditional BOM Management
  • Benefits of Online BOM Management

Watch now to modernize your BOM management, adapt to the latest trends, and ensure full traceability in your electronic component supply chain!

Background Information: Why Electronic Component Traceability Is More Important Than Ever

Why Is Electronic Component Traceability So Important Right Now?

Modern electronics rely on components sourced from a global, fast-moving supply chain. Without comprehensive component traceability, electronics product development teams risk delays, rework, or compliance failures. Electronic component traceability is essential for mitigating risk and proving design intent in sectors where quality, reliability, or regulation are key priorities. 

What Role Does the CHIPS Act Play in All This?

The CHIPS and Science Act — alongside other recent moves to boost U.S. manufacturing — promotes domestic manufacturing while mandating improved traceability in electronics manufacturing. Organizations receiving CHIPS funding or companies that supply them must demonstrate visibility and control over their electronic component sourcing and use. That includes knowing exactly what’s on your PCB, where it came from, and when it changed.

What Role Does BOM Management Software Play in PCB Component Traceability?

Your Bill of Materials (BOM) is the backbone of PCB traceability. Without centralized BOM management, it’s difficult to track lifecycle status, availability, or compliance for the parts you use. Altium 365 allows you to track BOM revisions, enrich BOMs with live supply chain data, and link them directly to design files for fast, reliable traceability.

What Problems Does Poor Electronic Component Traceability Create?

When component data is scattered across spreadsheets, emails, or siloed tools, it’s easy to miss lifecycle changes, sourcing risks, or part substitutions. That can lead to board respins, production delays, or non-compliance.

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