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The idea behind the lifecycle management is simple. It is about collecting and processing the knowledge. It is the business management approach that is used by all kinds of business - small as well as large. The reason for using this approach is to improve the sustainability performance of the department and the business itself. In the majority of businesses, this management technique is in correlation with the products and product-related information. However, a supplier is the person in the heart of the procurement of the product. Everything that is product related goes through supplier first. 

The supplier lifecycle management makes sure that the right kind of supplier is found and the business is able to procure the products at right cost. This approach reduces the risk and helps to create the better quality of the products. There are a few businesses who still prefer keeping the product-centric approach. 

Phases of supplier lifecycle management

Supplier Qualification

In the first phase, the suppliers are divided and qualified on the basis of the fulfillment of the orders. The suppliers from all over the world are invited. Opting for the right supplier will get you a high-quality product in return.

Supplier Evaluation

Once the qualified suppliers are selected, they fill the evaluation form and submit the related documents. You can either use the forms, questionnaires, scorecards or more for the evaluation.

Supplier Selection

The supplier selection process is one of the most important processes. This process determines the right supplier for the business. Various qualitative and quantitative methods are used to determine the long-term supplier.

Supplier Onboarding

To facilitate a long-term relationship, it is necessary that you have all the information regarding the supplier. The manufacturer would be able to track the performance related information.

Supplier Performance Management

The performance management of the supplier lifecycle management helps to spot any supplier issue in the early days itself. It won’t matter if the supplier is domestic or international. The businesses would be able to track all the suppliers and their respective performance.

Supplier Risk Management

The risk management makes sure that there is no supplier base and no disruptions are present. It is one of the most critical and essential steps as it keeps the business and end customer safe. 

Supplier Development

In the development process, the suppliers and the manufacturers collaborate together to improve the process and enhance their capabilities. This step of supplier lifecycle management only comes into picture when the performance of supplier is not up to the mark. To keep the performance up it is necessary to get regular feedback.

Supplier Relationship Management

The purpose of relationship management is to facilitate trust between the business and the supplier while increasing the level of innovation. A successful SRM results in lower costs, less risk and better quality for the parties involved.

Want to apply lifecycle management approach to your business? Contact Resion. They have one of the leading supply-chain solution provider companies in the US.

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There are many electronic components that are used in our daily life. An antenna is a specialized transducer that converts radio frequency into alternating current. Antennas help in communication. They capture the signals coming from satellites and process the information coming from those signals.  Without antennas, it's not possible to talk. Although there are some other ways that you can use for communication like optical fibers. But antennas are something that can be used to communicate throughout the world.

 An antenna is an electronic component that is used to transmit and receive signals. Antennas are used broadly in radio, television, radio detection and ranging systems. They transmit and receive a variety of frequencies and are classified accordingly. There are various types of antennas and they can be categorized in many ways. Moreover, they are used for different purposes. Each antenna is made up of different designs, size, and shapes. In this blog, we will discuss various of the antennas and its uses.

Omni Directional Antenna- Omnidirectional antennas are most popular forms of antennas used in the telecommunication sector. This type of antenna can be used to send and receive signals from all directions. It does not require a particular direction to receive or transmit signals. They can broadcast radiations evenly in 360 degrees. These are excellent option to cover a specific floor or a hall. This is used to provide signals to other computers and devices such as- wireless printers, PDAs, etc.

Directional Antenna- They are similar to the old rabbit ear antenna that throws signals in a particular area. Unlike omnidirectional antenna, a directional antenna is used to cover the signal in a specific direction that can limit the interference. They are a great option that can stop the leakage of signals. Directional antennas are available in various varieties such as- Yagi antenna, quad antenna, panel antenna, billboard antenna, helical antenna etc. These antennas can be used for a variety of applications. These antennas can be used for the wireless internet connections which are widely used in remote areas. They are famous due to its features such as- a  wider beam width, 6dB gain, rugged powder coated finish that provides corrosion resistance and can stand in the harshest weathers.

Panel Antenna- Panel antenna is generally used in the telecommunication sector. They use plane fiberglass panels, similar to those used in BTS (Base Transreceivers Services) towers, which are aesthetically pleasing and often more powerful. They are also more expensive than other antennas. 

Buying an appropriate and reliable antenna is a very difficult task. As there are so many electronic component suppliers that supply these devices. If you want to buy any type of antenna, consult Resion.They are the leading distributor of electronic components. They provide supply chain management and solution in the military, aerospace and defense industries.