Partstat Partner News August 2021

By Logan Wamsley

Hewlett Packard Shipments Up 20% in 2021 Despite Chip Shortage In a welcome surprise in a time where the COVID-19 pandemic has been responsible for a multitude of supply chain disruptions such as chip shortages, Hewlett Packard (HP) along with other tech brands such as Dell are posting surprisingly strong sales figures. This comes despite…

New EIU Report Shows Scale of COVID-19 Impact on Supply Chains

By Logan Wamsley

In a new survey from Economist Intelligence Unit (EIU) with sponsorship from Citi, clarity has been given regarding which industries were hardest hit by the various supply chain disruptions in 2021 — most of which were directly related to the COVID-19 pandemic, CNBC reports. While some of the results were expected, the sheer scale of…

Global Chip Shortage May Extend to 2023, Says Reports

By Logan Wamsley

In a recent announcement, auto manufacturer Toyota stated that they will now cut worldwide vehicle production by 40% in September. This will reduce their output to 540,000 vehicles, down from their planned output of 900,000. As a result, Toyota shares fell 4.4%, the largest daily drop the company has seen since December 2018. Other manufacturers…

Supply Chains Disruptions Have Defined 2021 — Time for Solutions

By Logan Wamsley

2021 is not even half over, but already we have seen several glaring examples of just how fragile the modern supply chain really is. Irrespective of company size, product, or industry, one or more supply chain disruptions have the potential for disastrous consequences for manufacturers and other businesses. One example was recently seen with the…