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| Viewpoint | ||
January 11, 2024
VIEWPOINT 2024: Casey Krawiec, VP of Global Sales, StratEdge Corporation
We've also seen electricity rates increase by over 125% since 2015, with much of the increase due to California's enthusiastic support of clean energy. Over time, the trend is for most things to cost more. Inflation is not unique to California, but the political policies here exacerbate the cost pressure. We deal with inflation by sharing those increases in the cost of components and materials with our customers, which they usually accept but can’t always. Due to the twin challenges of rising labor costs and a tighter labor market, StratEdge has invested heavily in automation. We bought equipment for automated optical inspection a few years ago and have invested more recently in package component assembly. While reducing our headcount, we've increased output for certain package types by 35%. We are in the process of purchasing a new robot with greater flexibility. Implementing automation takes time and resources, but it's what we have to do to remain competitive and help our customers do the same. Casey Krawiec, VP of Global Sales StratEdge Corporation http://www.stratedge.com |
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