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Manufacturing News & Insights

A device thats yellow in colour with 4 buttons

Device with Precision PCBA Wins Product Award

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.
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Person checking the details on a component using a magnifying glass

Managing Component Supply in the current Supply Chain Crisis

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.
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Close up of a circuit board with components soldered on it

A snapshot of our PCBA RFQ process

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.
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Uncle Colin walking around the group during the smoking ceremony

Welcome to Country

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.
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3 members of the Precision Team at the Electronex Booth

Electronex 2022 in Sydney

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...
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Close up of Silver and Gold Award

Our Business Excellence journey towards Gold

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...
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Joe showing Matthew and Andrea around the manufacturing SMT area

Hon Matthew Guy MP visits Precision

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,...
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A close up of the Business Excellence Gold Award

Precision wins GOLD!

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...
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Closeup of electronic circuit board with electronic components

Top 5 risks of purchasing components from the grey market

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...
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2021 Manufacturer of the Year Seal

Finalist – Manufacturer of the Year 2021

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.
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A switch that has Yes or Not Yet under the heading Increase Production

Why can’t we quickly ramp up semiconductor manufacturing?

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?’
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A close up of a microchip component

The Rise in Quality Issues due to the Global Components Shortage

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.
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