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.
By Grant Portman, Key Account Manager, Whistler Technology, a Milexia Company If there is one lesson that COVID-19 taught us, it is the importance of planning for the unexpected. For the electronics components industry, this means adopting a flexible supply chain sourcing model to respond quickly to unforeseen challenges. Following the global semiconductor shortage, governments
The role of supply chains has evolved drastically over recent years. It is an area of industry that is being transformed from a necessary business logistic into a critical driver of innovation. On 3rd December 2024, David Paulson, Global Vice President of Avnet Velocity spoke at a webinar hosted by Bolaji Ojo, Publisher of The
The US has taken another step in strengthening its standing in the semiconductor industry by finalising a $1.5 billion subsidy to GlobalFoundries (GF) to expand its chip production in New York and Vermont, aiming to create 10,000 jobs. This is part of the CHIPS and Science Act, a $52.7 billion programme designed to grow domestic
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.
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
Second sourcing is a procurement strategy that involves a company identifying and engaging with an additional supplier for a specific component, material, or service it requires. This alternative supplier serves as a backup or supplement to the primary supplier, ensuring that the company is not solely dependent on a single source. The practice of second
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
