SVB’s Collapse, Inflation Hit Contract Manufacturers Hard

By Logan Wamsley

Silicon Valley Bank fallout has had drastic implications throughout all of industry, and the full implications of it have yet to be fully understood. Already, President Joe Biden has urged federal regulators to take steps to tighten up the banking system, and Congress is currently in talks of presenting new regulations or regulatory powers to…

Counterfeit Components Have Real Consequences

By Logan Wamsley

Counterfeit components represents far more than financial and reputational risk for the manufacturer. In some cases, human lives are very much at stake. Failure to properly safeguard supply chains against a rapidly expanding gray market of both substandard and outright counterfeit parts can have the direst consequences one can imagine. A recent article in the…

Used Car Repairs Could Worsen Supply Chain Issues for Automakers

By Logan Wamsley

According to MEMA Aftermarket President and CEO Paul McCarthy, who heads a 500-member division that represents parts manufacturers for the auto industry, the current supply chain crisis is “the biggest…that we have faced since WWII…when our whole manufacturing economy shifted on a dime for wartime.” Just how dire this crisis is has been a large…