EMSNOW discusses the latest updates to the Luminovo platform with North America Business and Operations Lead Sam Mason. Luminovo is a quoting and sourcing platform that connects the EMS, OEM, and PCB supplier ecosystem. Sam explains that the goal is to streamline the quoting/sourcing process, infusing it with AI and automation. They started with the EMS community but they are now bringing in the other players to provide a comprehensive dashboard to facilitate the negotiation process. He explains their component ‘should cost’ function as an example of how it all works. Sam outlines how the tool enables EMS to answer an RFQ with an accurate and timely quote. The discussion vividly illuminates how this powerful platform works to bring new efficiency to this essential EMS function. The discussion ends with important information about tariffs and how they impact sourcing.
