Copper-Clad Laminate (CCL) PCBs Market Procurement Intelligence Report

The market for Engineering Components and its sub-segments such as Copper-Clad Laminate (CCL) PCBs are at an interesting intersection. Volatility in the prices of key inputs is creating multiple issues that impact procurement within Copper-Clad Laminate (CCL) PCBs category such as benchmarking and budgeting of the procurement costs.

Markets across the globe are reeling under shortage of professionals and workforce that have relevant skills and training. Minimum wages and stringent regulations are compelling suppliers to increase their employee expenses which are expected to have an inflationary impact on buyers' procurement cost.

Technology is improving productivity and creating fresh demand. Convergence of data science, automation tools, 3D printing, robotics, AI and big data has opened up multiple possibilities to better serve customers at a lower operational cost.

Trends like these and many others discussed in this report are necessitating a relook at the way Copper-Clad Laminate (CCL) PCBs is procured and the procurement cost saving opportunities that exist.

Copper-Clad Laminate (CCL) PCBs procurement best practices are moving towards a level of sophistication which is typically seen in traditional procurement categories. Category managers now have an attractive opportunity to adapt the best practices seen within this category as well as those being leveraged in other non-related categories. This report summarizes the best practices picked from across multiple categories that could work well for category managers involved with Copper-Clad Laminate (CCL) PCBs procurement strategy.

For example, Buyers should engage with suppliers that have recycling capability. Recycling capability of the suppliers will lower their production costs which will be passed on to buyers. Additionally, the recycling capability will contribute in furthering the sustainability goals of the buyers' organization.

Buyers should engage with suppliers that have adopted a global delivery model as it reduces buyers' risk. In this model, any disaster/emergency at any operating facility of supplier will result in the work being transferred to a different facility, thereby ensuring continuity of the project and reduced risk for buyers. This model also provides buyers access to skilled labor from across the globe, thereby improving the quality of engineering products provided by the supplier.

Buyers must have a clear understanding of the subcontracting policies, if any, of Copper-Clad Laminate (CCL) PCBs suppliers. Factors such as cost incurred, service quality, adherence to timelines, and regulatory compliance of subcontractors employed by suppliers should be carefully assessed prior to engagement.

Copper-Clad Laminate (CCL) PCBs procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Copper-Clad Laminate (CCL) PCBs procurement. Some examples include: