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.
Procurement in 2024 is a strategic function reshaped by digital transformation, the need for resilient supply chains, and the requirement to meet environmental, social, and governance (ESG) goals. As businesses adjust to ongoing challenges, procurement professionals may find it helpful to reconsider their strategies and align with current trends to support long-term success. Digital transformation
Last month, we examined if the EV push could be unraveling. This month, I’ll explore evidence that indicates EVs are picking up momentum globally. In this counterpoint article, let’s forget about the new EPA regulations and mandates for now while taking in adoption rates, what’s driving EV demand, rapid technology advances, and just how easy
A major supply chain challenge is economic instability. We know that supply chain challenges can cause economic instability, but what about the other way around? What impact does economic volatility have on supply chains—especially over an extended period? Supply chain challenges have been back-to-back and overlapping. Even before COVID-19’s demand surge and constrained supply wreaked
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
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
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
