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94 SMT007 MAGAZINE I JANUARY 2020 1 Punching Out! Lessons From Recent PCB/PCBA Buyers E Tom Kastner reached out to several buy-side clients as well as others who have recently made acquisitions in the PCB and PCBA sectors. He shares some common themes and their thoughts on what went right, what went wrong, and what they would do differently next time. 2 The Government Circuit: Europe Eyeing Changes in RoHS Environmental Regulations E One of the world's most comprehensive and restrictive environmental regulations is under- going a comprehensive regulatory review, and IPC is actively involved in the process, coordi- nating industry views and advocating on behalf of the electronics manufacturing industry. Chris Mitchell gives an update on activities related to the European Commission's Restriction of Haz- ardous Substances Directive (RoHS) Directive. 3 Smart Factory Insights: Dromology—Time-space Compression in Manufacturing E Dromology is a new word for many, including Micro- soft Word. Dromology reso- nates as an interesting way to describe changes in the manu- facturing process due to tech- nical and business innovation over the last few years, leading us towards Industry 4.0. 4 Operational Excellence: Are CMs Ready to Embrace Project Management? E Project management does not have to be complex, nor costly; on the contrary, proj- ect management can help create a culture of opera- tional efficiency, enhanced customer engagement, and employee self-accountability and enable data- driven decision-making. Editor's Picks from Michael Ford Alfred Macha Tom Kastner

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