As the world shifts towards renewable energy, the solar industry is booming. MESH plays a crucial role in this transition by developing an efficient and resilient supply chain for solar panels. Our recent work with Purdue University has laid the foundation for a robust supply chain strategy tailored to the unique demands of the solar industry.
Key Components and Sub-Assemblies
The solar supply chain involves several critical components and sub-assemblies, including:
- Photovoltaic Cells: The core technology that converts sunlight into electricity.
- Solar Modules: Assemblies of photovoltaic cells framed for installation.
- Inverters: Converting the direct current (DC) produced by solar panels into alternating current (AC) for use in the power grid.
- Mounting Systems: Structures for installing solar panels on rooftops or ground-mounted arrays.
- Balance of System (BOS) Components: Including wiring, switches, and monitoring equipment.
Supplier Identification and Selection
Our supply chain mapping process identified over 75 tier 2 suppliers, predominantly based in China, known for their expertise and cost-efficiency in producing solar components. By leveraging these suppliers, we ensure a steady supply of high-quality materials while managing costs effectively.
Streamlining the Supply Chain
We have developed detailed flow diagrams for the solar manufacturing process using advanced supply chain mapping techniques. These diagrams help us identify and eliminate inefficiencies, ensuring a lean and optimized supply chain. Our focus is on enhancing the overall throughput and reliability of the supply chain, which is crucial for meeting the growing demand for solar energy solutions.
Strategic Recommendations
Based on the interview conducted between our team and Preet Shah, the lead graduate student on the project, and the report we recommend to maximize the benefits of our supply chain strategy, we recommend:
- Continuous Market Research: Staying updated with market trends and technological advancements.
- Supplier Engagement: Building solid relationships with suppliers to ensure quality and reliability.
- Cost Management: Conducting regular cost analyses to keep expenses under control, especially considering geopolitical factors affecting global trade.
Looking Forward
MESH is dedicated to driving innovation in the solar supply chain. Our strategic approach and insights gained from our collaboration with Purdue University position us as a leader in this rapidly growing industry. We are committed to ongoing improvement and adaptation to meet the dynamic needs of the solar market.
Stay connected with MESH Works for more updates and insights as we continue to pioneer supply chain innovation in the renewable energy sector.
Are you looking to source audited suppliers for your solar supply chain and procure from them? Book a Demo