Tariffs And Trade: EMS & The Economist On Global Manufacturing's Future Amid Political Shifts EMS@C-LEVEL podcast

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The Reluctant Entrepreneur: Mike Konrad's Journey Through Entrepreneurship, Networking and SMTA 27:21

1 day ago27:21

27:21

Ever wondered what it takes to turn a reluctant start into a flourishing entrepreneurial journey? Discover the fascinating story of Mike Konrad, a podcaster, author, and industry raconteur, as he shares his unexpected path to entrepreneurship and authorship. With his book, "The Reluctant Entrepreneur," at the heart of our conversation, Mike opens up about the motivations that fueled his writing and the invaluable lessons learned from a 32-year business journey. He recounts how engaging with university students helped him reflect on significant anecdotes, emphasizing the importance of learning from mistakes. Mike also shares his thoughts on the evolving entrepreneurial landscape and the vital qualities of resilience and adaptability amidst the ever-changing venture capital market. Shifting gears to the essence of customer relationships, Mike draws inspiration from iconic brands like Nike and Patagonia to illustrate the power of emotional connections. Through his active involvement with the Surface Mount Technology Association (SMTA), he highlights the unique, volunteer-driven approach that fosters genuine networking and collaboration within the electronics assembly industry. As we round off our conversation, there's an air of excitement about upcoming industry events such as Apex in Anaheim, California, where opportunities for future connections abound. With a delightful mix of personal anecdotes and industry insights, this episode promises to enrich your understanding of entrepreneurship and the profound impact of networking. USEFUL LINKS Information about The Reluctant Entrepreneur Podcast is available from Mike at: mike@mikekonrad.com The Reliability Matters Podcast website: https://www.reliabilitymatterspodcast.com Links to my book, The Reluctant Entrepreneur - Anatomy of a Business Start-Up - From Uncertainty to Unstoppable: https://www.amazon.com/dp/B0DFFN6ZG2/?bestFormat=true&k=the%20reluctant%20entrepreneur&ref_=nb_sb_ss_w_scx-ent-pd-bk-d_de_k0_1_26&crid=1YOISPXML4C0N&sprefix=the%20reluctant%20entrepreneur Aqueous Technologies: https://www.aqueoustech.com Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Aligning Talent with Strategy in Electronics Manufacturing with Audrey McGuckin on EMS@C-Level 28:33

3 days ago28:33

28:33

What if the key to business success lies not just in market strategies but in the untapped potential of your workforce? Join me as I explore the intriguing intersection of talent and strategy with Audrey McGuckin, CEO of McGuckin Group, and a visionary in aligning talent with business goals in the electronics manufacturing services industry. Audrey shares her insights on starting discussions with revenue objectives to guide talent strategies, highlighting the 'six Bs' framework as crucial for aligning business outcomes with talent needs. From retaining pivotal leaders to adapting to global challenges, discover how company culture and CEO influence form the bedrock of a powerful talent strategy. We also tackle the evolving landscape of talent recruitment and development amidst a manufacturing renaissance in the U.S. Audrey explains innovative approaches to drawing young, diverse talent into traditionally low-margin sectors, emphasizing recognition of potential over formal qualifications. Personal stories and strategic tools, like predictive index assessments, illuminate how businesses can nurture hidden gems. Finally, we discuss the journey toward gender equality in leadership, showcasing the powerful benefits of diverse teams and the role of tailored development programs. This episode is an essential listen for those seeking to transform their business through strategic talent alignment and inclusive leadership. Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Driving Service, Innovation and Value: Creative Electron and Unicomp Join Forces 15:35

9 days ago15:35

15:35

In a world where innovation is often driven by collaboration, Philip Stoten explores an exciting new joint venture between Creative Electron and Unicomp, both leaders in x-ray manufacturing. This transformative partnership aims to bridge product offerings across continents and enhance customer accessibility to cutting-edge technology and the relentless pursuit of excellence in product and serve. As we delve deep into the strategies behind this joint venture, emphasizing the critical role that timing and cultural compatibility play in its formation. Philip and Creative Electronics founder and CEO, Dr. Bill Cardoso, discuss the two company's mutual dedication to customer satisfaction and the shared values that brought them together. Throughout the episode, we highlight how different market dynamics require tailored approaches, especially in diverse regions and in particular in a world where geopolitics creates additional challenges. Listen in as Bill unveil plans for leveraging expertise while maintaining a stand-out quality that Creative Electron is known for, something that resonates deeply with customers and creates loyalty. The partnership opens doors for new levels of service excellence and agility to respond to market demands, showcasing how adaptability can drive growth even amidst geopolitical changes. Ultimately, this episode is a must-listen for anyone intrigued by the intersection of technology, business strategy, and international relations. Discover how collaborative efforts foster innovation, help companies stay competitive, and redefine what’s possible in the technology sector. Don’t forget to subscribe, share, and leave a review to support our deep dive into the future of EMS and tech partnerships! Learn more about Creative Electron at https://creativeelectron.com/, and Unicomp at https://www.unicompxray.com Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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The EMS M&A Rollercoaster: Who’s Buying and Why? With MP Corporate Finance MD Shaan Tharani 39:03

10 days ago39:03

39:03

In the episode of EMS@ C-Level we explore the intricate world of mergers and acquisitions in the electronics sector. We dive into how global macroeconomic trends impact the strategies companies adopt amid shifting political landscapes. With Shaan Tharani's expertise, we unravel the complexities of M&A, discussing the implications of recent geopolitical changes and how they shape investment decisions. You'll discover how tariffs and economic uncertainties have influenced corporate strategies, particularly in the burgeoning electronics field. Shaan shares valuable statistics that shed light on investment patterns in the industry, illustrating a landscape filled with both risk and opportunity. We analyze case studies of recent acquisitions, highlighting successful initiatives and what they reveal about market participants’ strategies. This conversation is particularly relevant for executives looking to navigate these turbulent waters. To remain competitive, businesses must engage in proactive planning and establish a clear M&A strategy that aligns with broader business goals. As we look to the future, the discourse focuses on how to position effectively for forthcoming opportunities while also maintaining a critical eye on market dynamics. Join us for this enlightening discussion, and if you find value in what we cover, please subscribe, share, or leave a review. Your engagement helps us continue to bring forward-thinking conversations to the forefront! You can find Shaan on LinkedIn at https://www.linkedin.com/in/shaantharani/ or email him at tharani@mp-corporatefinance.com Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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The EMS (Eric Miscoll Show) - Is Inspection Leading the AI Revolution in Manufacturing? 49:47

18 days ago49:47

49:47

The application of Artificial Intelligence (AI) is reshaping the manufacturing landscape, particularly within the inspection sector. In the latest episode of The EMS (Eric Miscoll Show), we dive into how inspection processes are not only evolving but becoming a linchpin in the AI revolution. Join Eric and Philip Stoten as they welcome industry experts Oshri Cohen, CEO of Cybord, and Joel Scutchfield, General Manager of SMT and Semicon Business Operations for Koh Young America. They share invaluable insights into the realms of AI, quality control, and the future of manufacturing. Listeners will gain an understanding of how AI significantly enhances reliability and accuracy in inspections, moving beyond traditional methods to create a more efficient production environment. We discuss the critical role of data collection in shaping effective AI systems and how manufacturers can leverage these technologies to reduce defects and improve traceability. As customers increasingly seek automated solutions, the episode explores their expectations for immediate action vs. alert systems when it comes to quality assurance. The important conversation touches on collaboration within the manufacturing ecosystem, emphasizing that sharing data across platforms can maximize the efficacy of AI solutions. With predictions on the future trajectory of AI in manufacturing, this episode is packed with thought-provoking insights and practical applications for industry leaders seeking to navigate the future of manufacturing. Don’t forget to subscribe, share your thoughts, and leave a review! Join us in exploring how AI can revolutionize quality control and elevate operational excellence in the manufacturing space. Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Tariffs and Trade: EMS & The Economist on Global Manufacturing's Future Amid Political Shifts 23:29

5 weeks ago23:29

23:29

Tariffs under Trump’s new administration are creating rapid shifts in trade dynamics with significant economic implications. This discussion raises concerns about inflationary pressures, market uncertainty, and opportunities for domestic manufacturing. • Tariffs viewed as an ‘easy button’ for policymaking • Panic among businesses rushing to secure imports pre-tariff • Significant increase in imports ahead of anticipated tariff effects • Inflation expected to impact multiple sectors as costs rise • Tightening labor markets due to stricter immigration policies • Domestic manufacturing investments influenced by tariff uncertainties • Mixed global sentiment, especially regarding Europe’s economic position • Technology trends at CES juxtaposed against tariff challenges Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Estonia's Electronics Industry Amid Global Challenges with Arno Kolk 5:19

6 weeks ago5:19

5:19

Join me for an insightful conversation with Arno Kolk from the Estonian Electronics Industry Association, who sheds light on Estonia's pivotal role in the European electronics manufacturing landscape amidst a world of rising geopolitical tensions and protectionism. Explore how Estonia, despite its geographic proximity to Russia, remains steadfastly oriented towards Western markets, offering a reliable manufacturing partnership for Western Europe. Arno addresses the modest decline in industry growth following a boom year, while highlighting the encouraging upward trajectory witnessed as 2024 year progresses. This episode promises a deep dive into the strategic dynamics of Estonia's electronics sector and its resilience in the face of global challenges. Discover the key investments Estonia is making in technology and sustainability, keeping its electronics industry competitive amidst increasing labor costs and the growing demand for eco-friendly practices from Northern European customers. Arno discusses the critical role of automation, emphasizing advancements such as cobots and selective soldering machines that are not only cost-efficient but also align with the industry's sustainability goals. Learn about the essential shift toward green initiatives that is reshaping Eastern European manufacturing, as Estonia positions itself at the forefront of innovation. This episode is a compelling exploration of how technological advancement and sustainability are interwoven with the future of manufacturing in Estonia and beyond. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Innovation, Economic Transformation, Democracy and Sustainability in Costa Rica 7:00

6 weeks ago7:00

7:00

Discover why Costa Rica is becoming a hotspot for the electronics and semiconductor industry as I chat with Carolina Sánchez, Director - Advanced Manufacturing at Promotora del Comercio Exterior de Costa Rica (PROCOMER) at Electronica 2024. You'll gain insights into how this small Central American nation is attracting giants like Zollner, Intel and Siemens with its skilled workforce, enticing tax breaks, and a reliable legal environment. The conversation takes a fascinating twist as we explore the strategic advantages of nearshoring and Costa Rica’s impressive network of free trade agreements, positioning it as a key player for businesses targeting North and South American markets. But there's more to Costa Rica's allure than economics. Uncover how the country's commitment to sustainability — boasting up to 99% renewable energy — aligns it as a perfect partner for Europe's green-oriented business landscape. Carolina reveals how Costa Rica’s stable political backdrop, underscored by its long-standing democracy and investment in education and healthcare, fosters a fertile ground for innovation. Hear about the buzz at Electronica 2024 and learn why attendees are showing unprecedented interest in Costa Rica’s dynamic tech ecosystem. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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That's an Electronica 2024 Wrap with Eric and Phil: Show Success, Globalization, Politics, Inventory, Labor, AI and More 13:26

8 weeks ago13:26

13:26

Join EMSNOW Publisher Eric Miscoll and I on an exhilarating journey through the bustling corridors of electronica 2024. Uncover the hidden dynamics and global connections of the electronics industry as we navigate the challenges of excess inventory and explore India's burgeoning role as a manufacturing powerhouse. Discover the bold tactics employed by sales people from China that reveal the pressing drive for business in this ever-evolving arena. We'll unravel the complexities of regionalization, protectionism, and tariffs, and discuss how companies are reshaping their global footprints in response to these geopolitical shifts. Learn how the shift from low-cost labor to "low-cost-local" manufacturing is reshaping infrastructure and supply chains across the globe. We go on to explore the transformation of the global electronics landscape as we shift focus to Industry 4.0, where the old guard meets new innovators who bring new ideas and new tools. Automation and AI are at the forefront, bridging the experience gap between seasoned veterans and the fresh ideas of newcomers. Meanwhile on the political stage we unpack the recent US election, and discuss ho organizations like IPC are leading the charge with initiatives that highlight individual skills and the broader economic implications of the industry, lobbying governments around the world. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Strategic Acquisition and the Future of Digital Supply Chains with Kevin Decker-Weiss 7:20

8 weeks ago7:20

7:20

Join us for a compelling conversation with Kevin Decker-Weiss, the former Managing Director of CircuitByte, now steering sales for the electronics division at znt-Richter. We unravel the strategic acquisition of CircuitByte by znt-Richter—a formidable force in manufacturing digitalization and a trusted Siemens ally. Kevin unveils the synergies born from this merger, spotlighting the enhanced capabilities of the BOM Connector product and how the collective three decades of digital supply chain prowess are now turbocharged by znt-Richter's expansive resources and expertise. This union not only amplifies their market presence but also propels their mission to deliver cutting-edge solutions for a streamlined and transparent supply chain, particularly in the booming Asian market. As we navigate the evolving landscape of the electronics industry, Kevin underscores the transformative power of digitalization and AI, emphasizing the irreplaceable value of real-world experience over a purely AI-driven approach. He challenges the notion that AI tools can single-handedly turn startups into industry leaders, instead advocating for a harmonious blend of human expertise and AI innovation. Our discussion also touches upon the hard-learned lessons from inventory mismanagement and the critical need for a cohesive digital thread connecting consumer demand to suppliers. Discover how CircuitByte and znt-Richter are poised to spearhead a new era of connectivity and transparency in manufacturing. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Mo Mirvakili's Journey from Bathroom Lab to Breakthrough Technology 4:43

8 weeks ago4:43

4:43

What if a pandemic experiment could lead to a groundbreaking innovation in power supply technology? Join me as Mo Mirvakili from Seron Electronics shares his story of necessity and invention, which began in the unlikeliest of places—a bathroom lab during a global pandemic. With an impressive academic journey from UBC to MIT, Mo's drive to solve complex research challenges birthed a precise power platform that's now catching the eyes of markets worldwide, including optics and stretchable electronics. At Electronica 2024 in Munich, Mo reveals the unique features that set Seron's system apart, emphasizing its precision and intuitive software interface. As he reflects on the competitive landscape and the growing significance of electric vehicles, Mo provides insightful commentary on how Seron Electronics is carving out a niche in a crowded marketplace. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Supplyframe's Richard Barnett on Navigating Challenges and Opportunities in Supply Chains 14:53

8 weeks ago14:53

14:53

What happens when speed, agility, and digital transformation collide in the vibrant world of electronics supply chains? Join me, Philip Stoten, alongside Richard Barnett, CMO and SaaS Sales Lead at Supplyframe, as we explore the energy and optimism at Electronica 2024. Despite political uncertainties and market challenges, the electronics supply chain is buzzing with possibilities. Richard shares his expertise on the industry's need for proactive strategies, including customer program reviews and strategic inventory management. Through our discussion, we emphasize the transformative power of transparent relationships and digital advancements in enhancing communication between demand and supply signals, paving the way for sustainable margin growth. Venture into the evolving mindset of modern supply chain management, where AI is not just a buzzword but a catalyst for change. By drawing intriguing parallels with fast fashion’s nimble approach, we explore how AI can revolutionize the electronics industry’s data analytics and predictive capabilities. Our conversation reveals how a value-driven strategy that starts with customer needs can harness AI's potential to create meaningful outcomes across the value chain. With a personal touch, we even share anecdotes that illustrate AI’s impact on communication, offering insights into its broader implications for business processes. This episode promises to illuminate the path toward a more collaborative, AI-enhanced future in supply chain management. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Challenging Economic Conditions and Shifting Landscapes in Global Manufacturing with TTI's Jeff Ray 30:39

8 weeks ago30:39

30:39

What does the future hold for electronics manufacturing as we edge towards 2025? Join me for a conversation with Jeff Ray, SVP from TTI, as we explore the complexities of untangling post-COVID supply chains and navigating the predictions and challenges that surround the sector. We tackle the tempered growth expectations head-on, diving into how the recent US election, protectionism, and tariffs are reshaping global supply chains. Learn about the role of rare earth elements and the perspectives emerging from industry leaders at the bustling Electronica show in Europe. Witness India's rise as a player in manufacturing and how it stacks up against China's well-established dominance. Jeff and I dissect the potential for a manufacturing renaissance in the USA, considering both opportunities and the constraints of capacity and resources. We examine how geographic shifts in production and strategic supply chain management can leverage big data and AI for improved demand forecasting. This episode promises a comprehensive exploration of the nuanced strategies needed to thrive amidst political and economic fluctuations, offering insights to keep you ahead in the ever-evolving landscape of electronics manufacturing. Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: A Glimpse into Asteelflash's Innovative Future with Nicolas Denis and Dragan Persic 13:14

10 weeks ago13:14

13:14

Nicolas Denis, the CEO of Asteelflash Group, and Dragan Persic, GM of their Tunisia facility, share the strategic pivots and forward-thinking measures guiding this global French-based EMS company through a challenging 2024. Despite a dip from 2023’s record-breaking revenues, Nicolas and Dragan remain optimistic for 2025, bolstered by emerging business prospects and investments in technology and manufacturing. Their insightful discussion, with host EMSNOW’s Eric Miscoll, provides a look into how Asteelflash leverages its robust presence in Europe with expansion into Tunisia, Poland, and China to remain competitive. You’ll gain valuable perspectives on how strategic resilience and adaptability are key to navigating industry fluctuations. Nicolas and Dragan predict market recovery and growth by the latter half of 2025. Although the upcoming year may start on a challenging note, hear why both leaders hold a confident belief in a marketplace resurgence, attributing this to the groundwork laid in previous years. From balancing automation with skilled manual work to meeting diverse customer needs, the discussion is packed with actionable insights for staying ahead in an evolving market landscape. Tune in to understand why they believe the tide will soon turn, promising a brighter future for Asteelflash Group and the entire industry. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Electronica 24: Conflict to Creativity in Ukraine with IKT's Yevhen Horniuk 5:50

10 weeks ago5:50

5:50

Join me for an inspiring conversation with Yevhen Horniuk from IKT Electronics, an EMS company demonstrating remarkable resilience amidst adversity. As the world focuses on the conflict in Ukraine, Yevgen takes us behind the scenes of navigating significant supply chain disruptions and the human impact of team members stepping away for military service or fleeing the country. Hear firsthand how IKT Electronics has adapted to these challenges, restructured their supply chain, and maintained crucial operations to continue serving both Ukrainian and international markets. Yevhen's tenacity, positivity, and strategic foresight shine through as he discusses the company's journey and future ambitions. Yevhen doesn't dwell on the hardships; he shares a vision of hope and growth that extends beyond current conflicts. Discover the company's bold move to open a new factory in Bulgaria, a strategic step to ensure service continuity and expand their European footprint. Yevhen's optimism is infectious as he reflects on the need for decisive political action and his belief in triumph on multiple fronts—not just militarily but economically and socially. This episode is a testament to the strength and persistence of people and businesses committed to thriving even in the toughest of times. EMS@C-Level at electronica 2024 was hosted by IPC (https://www.ipc.org/) Like every episode of EMS@C-Level, this one was sponsored by global inspection leader Koh Young ( https://www.kohyoung.com ). You can see video versions of all of the EMS@C-Level pods on our YouTube playlist .…

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Tariffs and Trade: EMS & The Economist on Global Manufacturing's Future Amid Political Shifts

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1. Tariffs and Trade: EMS & The Economist on Global Manufacturing's Future Amid Political Shifts (00:00:00)

2. Impact of Trump's Tariffs on Trade (00:00:07)

3. Global Manufacturing Sentiment for 2025 (00:16:13)

4. Anticipated Challenges in Trump's Last Term (00:21:30)