Our aim is to offer guidance on the ever-changing decision-making processes in the electronics sector and become the "go-to" guide for industry professionals looking to source top components.
Author: Marco Mezger, President of MEMPHIS Electronic Recent reports indicate that the global supply chains have hit their ‘Goldilocks zone’, meaning perfect, stable market conditions. This is the first time in over four years during which we have seen wild swings between shortage and oversupply. Purchasers might be enticed to lean back and relax. And
Author: Axel Klein, Senior Manager, Semiconductor Product Marketing, Toshiba Electronics Europe In the fast-paced field of electronic component procurement, supply chain disruptions such as natural disasters disrupting production and unexpected product discontinuations represent a major threat to OEMs. This article explores the advantages of implementing a second-sourcing procurement strategy to mitigate these risks. It offers
Author: Margaret Cunha, Senior Director, Supply Chain Solutions, DigiKey Throughout 2023, the supply chain continued to experience many of the challenges that have defined the past several pandemic years, including extremely high demand paired with production challenges and high costs. Through all of this, procurement professionals have been hard at work to ensure that their
We all likely know how to achieve best practices in negotiations. You want to come to the best possible solution for both sides win/win, and you already know your goals and timeline, you’re familiar with the contract you want, and you know how to play well in any situation. That, unfortunately, isn’t enough. Let’s look back
Procurement is fast rising as a critical guardian and first line of risk defense. Based on the challenges of the past few years, procurement is set to play an even more significant role in tackling and solving critical business problems rather than just managing and optimizing processes. What does that mean to your organization? You
In all aspects of procurement and especially during times of chaos, it’s easy to look “out there” and modify what we’re doing in our relationships with suppliers, customers, etc. There are, however, three KPIs that, when mastered on an ongoing basis, will bring significant increases to profit margins and do it much closer to home.
According to Kearney, just two years ago, 30% of a service company’s revenue and at least 50% of a manufacturing company’s revenue was designated to procurement. And a recent sourcing and procurement report by SpendEdge highlighted forecasts for $16 billion growth in order fulfillment services by 2024. Many wrongfully think that sourcing and procurement are
A spotlight has been shone on all aspects of our supply chains lately, mainly due to recent disruptions due to world events. Cascading uncertainty can be disastrous for our supply chains, and procurement is not an exception. Accelerated by ongoing pressures, all aspects of the procurement function are evolving at breakneck speed, moving from yesterday’s
Where 5G is concerned, antennas can no longer be taken for granted. Directionality, latency, increased transmission rate, antenna size, higher frequencies, and shorter wavelengths are on the list of what’s unique regarding 5G antennas. In fact, antenna design relies on the form factors of end devices and the preferences of the OEM. So, what should
It was a little different back in 1997 when SARS hit. The tech industry’s reliance on critical products and components from China was, in comparison to today, minimal. Now, the COVID-19 virus is shuttering factories and shops in the Wuhan area and transportation is halting. Even as some are reopening, there is a very slow