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Ideally, OEMs, EMS providers, and authorized distributors alike want their inventory to move fast. The quicker the inventory moves, the quicker the company receives adequate return on their investment and frees up any capital that may have been tied up. In reality, however, things rarely go according to plan. Quite often, circumstances outside of the…
No two electronic component or semiconductor types are exactly alike, and as a result, no two types will have identical storage needs. For some components, simple, secure, climate-controlled storage will suffice to meet long-term production schedules, while other pieces of inventory, such as raw die and wafer necessary for the assembly of ASICs, require the…
Cash is king. This is an idiom that has long been used to drive business decisions, but in the COVID-19 economy, it has proved particularly true. On-hand capital is the life preserver that gives companies the buffer needed to survive unexpected catastrophes, such as the worldwide economic lockdown that occurred in early 2020 as a…
OEMs are not the only companies in the electronics industry that struggle with the repercussions of last time buys. EMS providers and authorized distributors alike often are forced to tie up thousands of dollars in already limited working capital to hold large quantities of end-of-life inventory on behalf of their OEM customers. Ideally, EMS providers…
Although recent news suggests a vaccine may be on the horizon, the COVID-19 pandemic continues to be a significant threat to vast swaths of the population, especially those deemed most vulnerable. Relief for these groups quite often falls to the abilities of charitable nonprofit organizations, who in this unpreceded time, are seeing their resources severely…
Approximately eight months into the COVID-19 era, the medical device industry is still coming to terms with the effects the pandemic continues to have on manufacturing. As of this writing, the number of hospitalizations in the U.S. reached over 85,000. According to the University of Washington’s Institute for Health Metrics and Evaluation, the U.S. can…