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The United States is not the only country looking to shore up its domestic production of electronic components and semiconductors. According to Swarajya, India’s Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has announced a new government plan geared to the creation of $300 billion in electronics production by 2026. “The Government…
Labor has been a critical factor in supply chains since the beginning. At the height of the COVID-19 pandemic, stringent COVID protocols forced companies to scale back on shifts to promote social distancing, and the sudden stalling of the global economy forced many others to slash payroll altogether. When demand was low this was not…
WINTER SPRINGS, FL – Partstat, a unique inventory ownership solution provider, recently entered into a partnership agreement with one of the world’s leading financial groups. Through the new partnership, Partstat has opened a window to serve a larger group of customers by expanding its scale to handle more financing volume than any time in their…
From life-saving equipment to the technologies used to improve daily life, semiconductors are the backbone of progress in today’s world. Unfortunately, the global supply chain has experienced massive chip shortages due in part to the pandemic, labor shortages, company acquisitions, and the war between Russia and Ukraine. Given that this shortage is expected to continue…
Over the past two years, unprecedented global events and rising inflation have focused the world’s attention on the supply chain ecosystem like never before. Nowhere have these shifting dynamics been brought into sharper view than in the semiconductor market. Read full feature on Supply Chain Brain.
Covid-19, recent political and economic upheavals, and shifting customer needs have significantly impacted the healthcare industry and created an unprecedented demand for medical devices in a supply chain already faced with severe challenges. According to Gartner, supply chain disruptions have further increased the total healthcare supply chain cost, which already averaged 37.3% of the total…