How a New Approach to Inventory Helps Meet Chip Shortage Challenges – Supply & Demand Chain Executive Feature

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 until 2024, organizations are wise to put new consideration into their strategy for maintaining a robust inventory and must adopt nuanced ways to mitigate supply chain risk.

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