High-Tech companies understand that implementing a Component Supplier Management (CSM) solution has proven benefits for increasing research and development (R&D) efficiencies, ensuring New Product Introduction (NPI) success, improving time to market, and positively contributing to the bottom-line and long-term competitive advantage. Yet even with the recognized value of CSM, many organizations have failed to completely capitalize on this area. This white paper explores several key factors that contribute to an effective CSM strategy across the enterprise.