Getting a compatible LED lighting product, such as a power supply, is essential in order to extend the life expectancy and the quality of LED light strips. Unfortunately, the market has now become saturated with sub-par manufacturers and fly-by-night suppliers. OEMs, therefore, need to know why partnering with reputable suppliers delivers the right, desired product.
LED Lighting Is Becoming Part of the Internet of Things
One of the key innovations in LED lighting is the applications within the Internet of Things (IoT). As explained by LEDs Magazine, the major LED lighting manufacturer, Leedarson, has already taken steps with a technology company to create IoT-connected LED light strips, that have the potential to unlock additional savings in LED lighting.
In a sense, LED lighting products are growing more sophisticated around the globe. Simply knowing it’s wattage and volt requirements is no longer efficient for OEMs to ensure products are compatible with reputable suppliers. More partnerships must be formed to deliver the desired products.
OEMs Need a Manufacturer With a Proven Record of Delivery on Speed, Price, and Quality
OEMs also need to work with lighting manufacturers with a proven record of delivery on speed, price, and quality. This reduces delays and gets the right product to consumers on time, at the right price, and without sacrificing either safety, durability or quality.
Bidirectional Partnerships Ensures a Positive Experience
Partnerships also open the door for collaboration between OEMs and lighting manufacturers. This allows both parties to understand what consumers want and need. As a result, inventory management processes grow more effective, making the way for both just-in-time delivery options and better customer service.
Furthermore, market research for LED lighting solutions is based largely on the consumer orders of new products and replacement products from OEMs. Consequently, a partnership between these entities will lead to better-LED designs and standards. Partnerships will enable more accurate forecasting of parts and supplies, resulting in fewer lost costs and better price points to industrial and consumer users of LED lighting.
A Partnership Is the Safest Way to Protect Your Investment, Save Time and Save Money.
Partnering with reputable suppliers is the safest way to protect your investment in LED lighting. It eliminates the hassles in working with multiple manufacturers, which could result in the accumulation of incompatible parts. A partnership ensures alignment among partners which increases efficiency and decreases overall costs. This is critical to encouraging increased adoption rates of LED lighting products. Most importantly, partnerships reduce the risk encountered by putting the power of your whole supply chain to work in risk management and mitigation. As a result, manufacturers can identify potential problems and correct preemptively correct for them, creating a proactive rather than a reactive research and development team.