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46 SMT Magazine • July 2015 smoothly as well as reduce the costs your ven- dors pay their suppliers. Complete traceability is seen as somewhat of a holy grail in the supply chain industry and there's plenty of debate around the topic. The Internet of Manufacturing (IoM), Internet of Things (IoT) and Industry 4.0 have all been offered as potential saviours in this arena. The truth is probably simpler, and that's that a well- designed and well-defined supply chain needs traceability and data as the constant thread that runs through it. Ask the Accountant Don't underestimate the value the finance team can add in designing the supply chain. When you chose a partner, a supplier, or a man- ufacturing geography, this can impact on many hidden areas, such as the cost of cash, the tax implication on the business and those related to the product. Duties and tariffs are hugely variable and just because shipping from one ge- ography to a particular market works, there may be different tax or duty implications when you start shipping to an emerging market elsewhere in the world. Payment terms will also have an impact on the final cost of the product and if not mea- sured can impact adversely on the businesses ability to generate cash, and that's what you're here to do after all. Be Careful What you Wish for! If you are just driving price, just measur- ing price and just rewarding your purchasing team on price, then chances are you'll get a lower price. You probably won't get a lower cost, and you certainly won't get a better sup- ply chain. SMT CuTTING COST, NOT PRICE continues FeAture john Daker is the director of business development at riverwood Solutions. i-Connect007 is expanding its editorial de- partment. The no. 1 source of information for the pCb design, fabrication and assembly/EMS markets is seeking an experienced editor to help us take our publications to the next level. "We work hard, but we have a lot of fun," said Andy Shaughnessy, managing editor of The PCB Design Magazine and pcbDesign007. "The right candidate will have industry experience and en- joy working independently and with teams in a systems-based environment." Do you have the following qualifications? • Strong writing, editing and grammar skills • Electronics industry experience a plus • Ability to work independently in a virtual environment • Ability to manage multiple deadlines • great organizational and project management skills • At least five years of editing and writing experience, with clips or links of published content • Degree in Journalism, English or communications preferred • Familiarity with Ap style This editor will manage content for i-con- nect007 properties on a daily basis. candidates should have fantastic communication skills (in person and electronically), and be able to work well with other team members and customers located around the globe. Do you have what it takes to be an i-connect007 editor? if you're interested in this position, click here. I-Connect007 Seeks Experienced Editor

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