The company sources raw materials from multiple global suppliers, primarily on a purchase order basis, with no single supplier deemed material. Certain parts are unique or require extensive redesign time, limiting substitution options. The company maintains long-term supplier relationships to support technology development and product life cycles and monitors suppliers' financial health. To reduce supply chain disruptions, it may qualify multiple sources and retains in-house manufacturing for proprietary components, while outsourcing other components and lidar modules to contract manufacturers. For ADAS series production, tier 1 partners manage manufacturing, testing, calibration, and quality assurance, utilizing their mass production capabilities for final delivery to OEMs.
Cepton Inc's Comment on Supply Chain
The company sources raw materials from multiple global suppliers, primarily on a purchase order basis, with no single supplier deemed material. Certain parts are unique or require extensive redesign time, limiting substitution options. The company maintains long-term supplier relationships to support technology development and product life cycles and monitors suppliers' financial health. To reduce supply chain disruptions, it may qualify multiple sources and retains in-house manufacturing for proprietary components, while outsourcing other components and lidar modules to contract manufacturers. For ADAS series production, tier 1 partners manage manufacturing, testing, calibration, and quality assurance, utilizing their mass production capabilities for final delivery to OEMs.
Sources:
Cepton Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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