Have you ever wondered what actually happens once you submit an RFQ/purchase order to a Contract Electronic Manufacturer? Here is a snapshot of what happens behind the scenes at Precision when we quote/source components for your project.Continue Reading
To recognise Aboriginal and Torres Strait Islander peoples as the Traditional Owners of land and to commemorate Reconciliation Week 2022, we got in touch with the Wurundjeri Woi Wurrung people to perform a Welcome to Country ceremony at our Melbourne head office.Continue Reading
After two years of lockdowns/cancelled events, we finally got to attend Electronex 2022 in Sydney on Tuesday, 5 April. Held over two days in Rosehill Gardens, it was the perfect venue to welcome engineers, designers, students and other CEMs across Australia. It was great to see fellow colleagues from the electronics industry and welcome new...Continue Reading
In 2010, as part of being a member of the Integrated Leadership group, Joe Hernandez (our CEO) was invited to hear a presentation by their keynote speaker, Robert Palmer, on Business Excellence (BE). Robert’s passion and enthusiasm encouraged Joe to invite him to visit our company and share his knowledge with our team. During his...Continue Reading
Last week (14 December), we hosted the Leader of the Liberal Party VIC, Hon Matthew Guy MP, and Shadow Minister for Industry, Bridget Vallence MP, at our Mitcham factory. We provided his team with a tour of our manufacturing facility and shared how manufacturing has changed and grown over the past decade. Earlier this month,...Continue Reading
Joe (CEO) and Rob (COO) pose with the well earned award We’re thrilled to announce that Precision has won the prestigious 2021 Gold Business Excellence Australia Award. We are truly honoured and humbled with this recognition. We began the Business Excellence Journey in 2011, winning the Silver Award in 2015. In 2020, the Leadership Team...Continue Reading
The grey market is essentially a group of suppliers (approved and/or unapproved) that are outside the normal distribution channels from the OEM. These suppliers trade components (incl. semiconductors) that may have been resold, returned, or become obsolete. While most components sold in the grey market are fit for purpose, the risks are greater than if...Continue Reading
We are thrilled to announce that we have been named as a finalist in the Defence Connect Australian Defence Industry Awards 2021 for Manufacturer of the Year.Continue Reading
With the current global shortages for semiconductors at the forefront of our challenges, the question on everyone’s mind – ‘Why can’t we quickly ramp up manufacturing of these electronic components?’Continue Reading
The current global shortage of raw materials and electronics components (especially Integrated Circuits - ICs) is causing customers and manufacturers a lot of anxiety around pricing and lead times.Continue Reading
Shortage of components The COVID-19 pandemic has caused an imbalance in supply and demand of components globally. This has affected the Technology (IT + consumer electronics), Automotive and (electronic) manufacturing industries. People were also affected by either losing their jobs or being forced to work from home. This led to a decrease in demand for...Continue Reading
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