Digitalisation Supply Chain Management

The impact of AI: Fusion Worldwide’s industry report insights

The rapidly evolving landscape of artificial intelligence (AI) continues to reshape industries worldwide, and the electronic component sector is no exception. Fusion Worldwide’s State of the Industry Report, Volume 2, delves into how AI is transforming various markets, offering critical insights for industry professionals and decision-makers. This article highlights key findings from the report, underscoring

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Supply Chain Management

Middle East conflict threatens global supply chains

Lisa Anderson, MBA, CSCP, CLTD, and President of LMA Consulting Group Inc., has stressed the pressing need for companies to address weaknesses in their supply chains amid growing global instability. Recent attacks in the Middle East, where hundreds of communication devices used by Iran-backed Hezbollah were destroyed in Lebanon and Syria, have highlighted the severe

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Supply Chain Management

9 key threats to the semiconductor supply chain

The semiconductor supply chain is a critical component of the global technology ecosystem, supporting industries ranging from consumer electronics to automotive manufacturing. However, this intricate network faces several threats that can disrupt production and lead to significant economic consequences. Understanding these threats is crucial for stakeholders aiming to build a more resilient semiconductor supply chain.

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Supply Chain Management

Wiliot launches AI chatbot for supply chains

Wiliot has unveiled WiliBot, a Generative AI (GenAI) chatbot that enables natural-language interactions with any product connected via ambient IoT. By combining the power of generative AI with real-time ambient data from the physical world, WiliBot allows companies – and eventually consumers – to engage in meaningful conversations with the products they create, source, distribute,

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Supply Chain Management

UK electronic component distributors

Electronic components are fundamental to industries such as automotive, telecommunications, and consumer electronics. The role of distributors is to ensure that these essential components are readily available to manufacturers and design engineers when needed. The UK’s electronic component distribution market includes both homegrown and international companies, ensuring the flow of components to the UK market.

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Supply Chain Management Traceability

CalcuQuote and TI enhance procurement efficiency

CalcuQuote, a provider of supply chain solutions for the electronics industry, has announced its integration with Texas Instruments’ (TI) comprehensive Backlog API suite. This new integration enables customers to schedule deliveries, modify purchase orders, receive advanced shipping notifications, and more, all within a single, streamlined platform. The CalcuQuote purchasing platform, known for its seamless compatibility,

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Supply Chain Management

Potential logistics strikes threaten to disrupt supply chains

Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., has issued a warning about the increasing risks to supply chains due to potential logistics strikes in both the United States and Canada. With ongoing negotiations between the International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX) and uncertainty surrounding the Canadian rail

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Supply Chain Management Traceability

New report on future supply chain strategies

LMA Consulting Group Inc., led by President Lisa Anderson, MBA, CSCP, CLTD, has released a new mid-year special report titled ‘FutureScape: Crafting Tomorrow’s Supply Chain Today’. This publication provides essential insights into the strategic changes and innovations currently shaping the future of supply chain management. Anderson remarked: “As businesses navigate a landscape marked by volatility,

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Events Supply Chain Management

CalcuQuote to showcase material supply planning solution

CalcuQuote, a provider of supply chain solutions for the electronics industry, announced its participation in the SMTA Long Island Expo & Tech Forum. The event, scheduled for Tuesday, 20th August 2024, at the Marriott Melville Long Island, will feature CalcuQuote presenting its Material Supply Planning (MSP) solution. As EMS and OEM companies increasingly adopt digital

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Supply Chain Management Traceability

Navigating risks and ensuring safety in supply chains

In a recent webinar, Paul Hastings, Senior Sales Consultant at Ideagen, shared valuable insights on managing risks and ensuring safety within supply chains. Drawing on his experience across multiple sectors, including electronics manufacturing, food and drink, life sciences, healthcare, oil and gas, and military, Hastings provided an analysis of the complexities and necessary strategies for

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