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: Paige West, Editor, Procurement Pro The advent of the Internet of Things (IoT) and Industry 4.0 has revolutionised the industrial landscape, heralding an era of connectivity and automation. These technological paradigms have significantly influenced the demand for electronic components, especially sensors, connectivity modules, and smart controllers. Procurement Pro’s Paige West looks at how these
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
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
