Plexus Corp., together with its subsidiaries, operates in the electronic manufacturing services industry. The company delivers optimized solutions to customers through its Product Realization Value Stream. Its customer-focused solutions model integrates product conceptualization, design, commercialization, manufacturing, fulfillment and sustaining solutions. The company delivers comprehensive end-to-end solutions for customers in the Americas (AMER); Europe, Middle East, and Africa (EMEA) and the Asia-Pacific (APAC) regions. The company provides customer service to approximately 140 branded product companies in the networking/communications, healthcare/life sciences, industrial/commercial and defense/security/aerospace market sectors. Solutions As an integrated accountable partner, the company delivers optimized product realization solutions that carry its customers' products from concept to end of life. Tailoring its Product Realization Value Stream to each product and program, the company provides solutions designed to meet the needs of each of its customers. Conceptualize: During the product development and conceptualization phases, new product ideas are created and evaluated with both the customer's and the company’s engineering teams. The company collaborates with its customers to capture their new product vision and clarify requirements. Its industrial design team attempts to analyze a product through the end user's eyes focusing on ergonomics, use case research, user interface, aesthetics, and evaluation mockups. Design: The company invests in the latest technology, design, and automation tools to provide design and value-engineering solutions. Product design includes various solutions, including program management; feasibility studies; product conceptualization; specification development for product features and functionality; circuit design (digital, microprocessor, power, analog, radio frequency, optical, and micro-electronics); field programmable gate array design; printed circuit board (PCB) layout; embedded software design; mechanical design (thermal analysis, fluidics, robotics, plastic components, sheet metal enclosures, and castings); test specifications development and product verification testing; and automated (robotic) production solutions. Commercialize: Of all the phases in the company’s Product Realization Value Stream, the commercialize phase carries the majority influence with respect to converting ideas into viable products. Commercialization starts early in the design phase and extends through manufacturing transition, in tandem with design for excellence (DFX). The company’s DFX solutions include a collection of specific design solutions, including design for test, design for manufacturability/assembly, and design for fabrication. Manufacture: The company applies an optimized manufacturing approach. Its manufacturing solutions integrate flexibility for its customers through tailored supply chain solutions. The company focuses on mid-to-low volume, higher-complexity programs that range from lower-level assemblies to finished electro-mechanical products. Fulfill: The company offers fulfillment and logistics solutions to its customers in the forms of direct order fulfillment (DOF), build to order (BTO), and configure to order (CTO). The company receives DOF orders from its customers that provide the final specifications required by their end customer. Through BTO and CTO, the company delivers the product directly to the end customer. The DOF process relies on enterprise resource planning systems integrating the overall supply chain, from parts procurement through manufacturing and logistics. Sustain: The company provides customers with a range of aftermarket services to support their products after launch into the market. Regulations The company’s manufacturing and engineering facilities are certified to a baseline Quality Management System standard per ISO9001:2008. The company has capabilities to assemble finished medical devices meeting FDA Quality Systems Regulation requirements, and similar regulatory requirements in other countries. Customers The company provides services to various customers, ranging from large multinational companies to smaller emerging technology companies. During fiscal 2014, it served approximately 140 customers. RRIS Group, Inc. and General Electric Company accounted for 12.5 percent and 11.2 percent respectively, of the company’s net sales in fiscal 2014. Strategy The company’s go-to-market strategy is implemented through the four market sectors it serves. Its sector teams help define Plexus' strategy for growth with a particular focus on expanding the value-added solutions it offers to customers. History Plexus Corp. was founded in 1979.
plexus corp (PLXS:NASDAQ GS)
One Plexus Way
PO Box 156
Neenah, WI 54957
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