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.
There’s an unprecedented supply chain transformation happening in the automotive industry. On the electric vehicle side (EVs), experts estimate that manufacturers will spend more than $1.2 trillion through 2030, creating millions of electric vehicles. However, the existing supply chain for internal combustion engines (ICE) still won’t disappear. There are two separate supply chains, and while
Doom, gloom, weather, war, and pandemics. Supply chain instability is the new norm. However, it’s important to recognize signs that not all is terrible, hopeless, or unpredictable. Here are five supply chain bits of better news. Of course, you might have to read it fast…things could change. #1 Electronic Components Find Stability Although we may
So, yes, there is evidence that supply chains are healing. However, although the worst may be over, most goods transported under contracts cost more. Inflation has wreaked havoc on many segments of the chain. Shipping container cost, for example, from Asia to the US West coast, is up more than 15x, while short-term prices for
There’s an inherent disconnect when discussing “health” when systemic crisis is the new norm. In 2022 supply chain woes were rampant–from port blockage, rising inflation, slowing demand, the war in Ukraine, COVID lockdowns, elevated inventory, hurricanes, and even MIA employees. Although there were improvements in some of these issues, disruptions to supply chain operations will
The primary elements that make up a finished product are direct raw materials. They can be any mined materials, like minerals, metals, crude oil, coal, etc. There are also indirect raw materials – anything that supplements the making of finished products from direct materials. The challenges represented by accessing these materials promptly and at a
According to a recent Reuters article, Global supply chain stress at 18-month low in July, NY Fed’s index at its lowest level since January 2021. However, that is not across the board. A major exception is the automotive industry supply chain. There are few industries as complex as automotive regarding supply chains. Normal supply and
It was the worst of times, and then it got even worse. That’s the reality of the supply-chain disruptions during the past few years rapidly evolving from a reliable supply and stable pricing to soaring inflation and never-ending disruptions of virtually every type. Somehow, our behavior surrounding disruption tends to be consistent. There’s a significant challenge,
In the past, supply chain professionals had some clear tasks, all revolving around the sourcing of products. Professionals were in charge of managing the flow of the resources and products all the way to delivery. Today, their jobs have gotten…well, riskier than ever. Nearly every industry is faced with a supply chain challenge these days,
Over the past few years, supply chains have had virtually everything thrown at them: tariffs, a pandemic, inflation, transportation/logistics nightmares, inability to find staff, and even war. For the most part, these disruptions came out of nowhere, suddenly causing devastating results. This dynamic environment has challenged the post-professional and advanced procurement teams what is it doing
Chip manufacturers can’t seem to catch a break. Tariffs, pandemics, transportation challenges, and now war have impacted rare earth availability, exacerbating supply chain chaos. Rare Earths and Tech Apps War in Ukraine hampers the availability of such rare earths as neon, krypton, and xenon, all used in semiconductor manufacturing. Krypton is a noble gas used