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The Obsolescence Problem Component obsolescence is a widespread issue, and one that is never fully resolved. Unless a manufacturer chooses to source all necessary components in-house (a luxury in the age of global, decentralized supply chain networks), its ability to maintain extended production schedules is largely determined by its suppliers’ ability to provide regular streams…
Among the many issues supply chains have had to address amidst the COVID-19 pandemic, one that has not made as many headlines is the increase in the number of bad actors willing to take advantage of a strained supply market with counterfeit components and products. Counterfeits Are Widespread When supply is low and coupled with…
Digi-Key Recognized by Forbes as a 2021 Best Midsize Employer Digi-Key Electronics is regularly recognized for its wide selection of inventory and quality of service, but recently it has been recognized for a different reason — being a great place to work. This year, Digi-Key was honored by being selected as a Best Midsize Employer…
Amid ongoing issues related to the COVID-19 pandemic — which most recently have taken the form of a global chip shortfall that has the attention of lawmakers around the world — there is renewed focus on the importance of manufacturers building and maintaining long-term relationships with their suppliers and EMS providers. Continuing the Conversation on…
The COVID-19 pandemic has highlighted even the most minor vulnerabilities in the modern supply chain — and supply chain executives are taking every precaution to ensure that for the next great black swan, their supply chain resilience is improved. Supply Chain Resilience and Agility Is Critical This fact is made clear in a new global…
The root cause for the unprecedented chip shortage facing the automotive industry as well as other industries such as healthcare and consumer electronics is three-fold: • The first cause has been the extreme market volatility in the automotive industry the past year, which has seen an extreme economic slowdown followed by a rapid recovery of…