Congratulations to our design partner, Successful Endeavours for winning the Manufacturer's Monthly 2022 Endeavour Award for the category: Australian Industrial Product of the Year. Precision has been involved in the manufacturing of the PCBA for the device.Continue Reading

There are a lot of highs and lows in electronic manufacturing, but the one constant challenge that manufacturers experience is navigating through the supply chain for components. At Precision, our priority for purchasing components are based on 3 main attributes.Continue Reading

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