|

The High Cost of Compliance

View comments: newest first | oldest first | threaded
Jacob
User Rank
Supply Network Guru
Re: Significance of compliance
Jacob   11/2/2011 11:28:45 PM
NO RATINGS
1 saves

Hm, I think they have to continue with their R&D for an alternate resource, in order to minimize the cost. Otherwise they may not be able to find out a place in market. For any sort of marketing affordability (Cost) is an important factor.

_hm
User Rank
Supply Network Guru
Significance of compliance
_hm   11/2/2011 8:17:48 PM
NO RATINGS

Was off-the-mark estimate on purpose to pacify some groups?

High compliance cost are getting equivalent to technical development cost. How many small and medium organization will be able to afford this high cost? They need to have more sustainable approach or else product cost will be very high. 

Eldredge
User Rank
Supply Network Guru
Cost estimate
Eldredge   11/2/2011 5:07:23 PM
NO RATINGS

As an aside, I have another observation: If your estimates were off by $6 billion (give or take), would you still have a job?

Well, maybe (but probably not the same job!) Perhaps they should just subcontact the cost estimate responsibility to Tulane.

 



More Blogs from Barbara Jorgensen
In the midst of the digital revolution, the stakes for electronics distributors trying to safeguard the privacy and security of customers is constantly on the rise.
The idea of tariffs on Mexico has U.S. manufacturers increasingly nervous--and it's showing as manufacturing growth slows month after month after month.
President Trump’s tariffs were initially seen as a blunt instrument that would force other countries to drop their trade barriers. Nearly a year into the U.S.-China trade war, tech companies are accepting constant supply uncertainty as “the new normal.”
The manufacturing industry continues to grow but both trade indices fell into contraction territory for the first time in two years. Manufacturing executives point to the U.S./Mexico border, tariffs, and Brexit as potential long-term concerns.
Following two years of severe component shortages, demand is weakening, and inventories are too high
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.