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.
Since the invention of the relay, buying electronic components has been a manual process. Enter 2022, after two years of a pandemic and untold supply chain disasters and shortages, and many buyers are taking a new look at what can be done, including: Modifying the time it takes for purchase approvals Streamlining the quotation process
Okay, we all know that there are levels of efficiency and that if you have inefficiencies going on now, things won’t be fixed overnight. Efficiency requires process streamlining, documentation, optimization, naturally automation and also just getting a real grasp on your current status. Being honest about what you need to improve and how you stack up
For supply chains, it’s often knee-jerk reactions to the disaster-du-jour that point out the need for rapid, tangible change. But, as we’ve recently seen, disruption in the form of pandemics, natural disasters, and transportation woes are becoming the impetus for examining what the future has in store. Here we’ll discuss a few areas where change
Rare earth elements are not necessarily rare but are precious and difficult and expensive to mine and separate. Essential to many emerging technologies, they are often classified by the U.S. government as being critical to national security. They are also important to such industry segments as clean energy, electronics, and medicine. There are seventeen rare
There is no recognizable similarity between the first supply chain in history and today’s complex and Artificial Intelligence (AI)-driven counterpart. One hundred years ago, assembly lines enabling mass production were implemented by Henry Ford, supporting the production of consistent products on a large scale. Today’s global supply chains are based on multiple organizations, processes, and
Terrestrial supply chains are pretty well evolved. They’ve been the focus for decades now to improve efficiency, lower cost and minimize disruptions. As advanced as these systems now are, transitioning them to deep space requirements represents a critical gap that must rapidly be filled. It was one level of complexity when supplying MIR, Skylab (albeit
Although there are many ways you can mess up your supply chain, here are three areas that, when sufficient attention is paid, will put you in a much better position. It is amazing that these items are not yet adopted universally. Not Using Available Data We’ve been inundated, virtually crushed, by the sheer amount of
Fortunately, we have many tools today that help mitigate the inherent risk associated with supply chains. We can also learn from the past. Here are some classic examples of supply chain blunders that happened because of inept management decisions. 1. WebVan Whereas today, online grocer WebVan would likely have flourished, at the turn of the
Supply chains should be resilient. The reality, however, is that many can be sent into a dangerous tailspin at the slightest provocation. A tailspin that can be difficult to recover. We’ve seen examples of both resilience and tailspins throughout history, caused by natural disasters, wars, trade policies and politics, pandemics, and even former late-night TV
The world we live in today is very different from what it was a year ago. We’ve been forced to find new ways to safely work and interact with other people and within our environments. Many companies have had to alter the way they do business to remain effective and still be safe. When it