CalcuQuote, a provider of supply chain solutions for the electronics industry, announced its participation in the SMTA Long Island Expo & Tech Forum.
The event, scheduled for Tuesday, 20th August 2024, at the Marriott Melville Long Island, will feature CalcuQuote presenting its Material Supply Planning (MSP) solution.
As EMS and OEM companies increasingly adopt digital solutions over traditional methods, CalcuQuote has helped to lead this transformation. Celebrating its 10th year, the company has provided the industry with comprehensive software solutions, moving away from cumbersome Excel files to more efficient and scalable digital platforms.
CalcuQuote’s MSP solution assists electronics companies in reducing inventory, optimising supply chains, and improving cash flow. A notable success story is the collaboration between CalcuQuote and S and Y Industries.
Amid a global parts shortage, S and Y Industries faced significant supply chain challenges. By implementing CalcuQuote’s MSP, they transformed their procurement process, achieving a 68% reduction in missing kits, a 35.6% decrease in inventory levels, and an increase in processing capacity from 800 to 6,000 demand lines per month, saving 1,000 hours on manual tasks. This also resolved cash flow issues, enhanced supply chain visibility, and boosted employee morale, positioning S and Y Industries for continued growth and efficiency improvements.
Visit CalcuQuote at the SMTA Long Island Expo & Tech Forum to explore its innovative solutions and discover how MSP can revolutionise supply chain operations.