General Motors Brings Battery Material Production to US, Signalling Increased Vertical Integration
A global semiconductor shortage has done little to deter automakers like General Motors from embracing an electric future. Despite the automotive industry’s ongoing issues acquiring sufficient quantities of electronic components and semiconductors to meet vehicle…
US Department of Commerce Announces New Industrial Advisory Committee to Advise Microelectronics Research
In the wake of several recent issues in the global electronic component and semiconductor supply chain, the U.S. government is taking direct action. On Dec. 1, 2021, the U.S. Commerce Department has announced the establishment…
Experts Say Global Supply Chain Disruptions Will Hinder Future Growth
When the COVID-19 vaccines were released in early 2022, many predicted that by the end of the year normalcy would have returned to the global economy — and by extension the global supply chain. This…
Financing Through Inventory Ownership Solutions Is a New Supply Chain Reality
Inventory Ownership Solutions are becoming the new normal. According to data from research firm Coalition, the world’s top banks have had a productive year in 2020 in one interesting area: supply chains. As organizations across…
Partstat Partner News December 2021
Honeywell Opens New Global Headquarters in Charlotte, North Carolina Three years ago, Honeywell announced that it would be moving its global headquarters to Charlotte, North Carolina. On December 1, 2021, that move was completed with…