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| Steve DeCollibus, Managing Editor, Circuitnet
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Just reviewing my notes on the Microscan opening last week and thinking about how important focus and diversification is for companies who attempt to thrive during the difficult economic swings that the electronics industry is known for.
Microscan, like a number of companies we have discussed during this past downturn, has a business strategy and product set that allows them to seek business outside of their core electronics manufacturing business. While this strategy does not guarantee success, combining it with other good business process will smooth out and soften the steep up and down swings that attend the electronics manufacturing industry.
The Track, Trace and Control (TTC) solution (see Microscan Introduces new Track, Trace and Control Solution Corporate News Announcement in today's Circuitnet), which they launched last week is a perfect example of this kind of thinking, while the product is germane to the electronics industry it has applications across most manufacturing environments including the pharmaceutical and automotive markets that Microscan focuses on.
Microscan's TTC software is specifically designed to provide work-in-progress (WIP) visibility through any factory (tracking), validate the process flow (control) and provide the history of the process steps accomplished on a product (traceability).
With TTC software, efficient data collection is combined with error proofing to demonstrate process compliance, while reducing material and assembly costs.
It was also interesting to listen to Microscans President, Jeff Timms, and his team discuss Micrsoscan and review the companies performance over the last year. It was refreshing to learn about an organization who in this last bleak economic year was able to organize a global infrastructure, reshuffle it's management team, launch a product a month, open a new corporate headquarters in Seattle earlier in the year and rededicate an upgraded R&D center in Hudson New Hampshire last week.
What made it more interesting to me was that these were exactly the things that Jeff had told me needed to be done when he signed on as Microscan’s president two years ago.
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| Microscan Team at Grand Opening of Their New R&D Center in Hudson, New Hampshire
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At the end of the official part of the day a conference room was dedicated to William Riley, a Microscan engineer who had been a leader and mentor to the R&D team at Microscan and had passed away. His daughter Mollie attended representing Bill's family.
It was an honor for those of us who were not part of the Microscan family to be allowed to witness this dedication. This is a company that honors it's history and looks forward to what appears to be a bright future.
