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The electronics industry has recently experienced a period of steady growth and technological advancement – and many professionals who specialize in the act of buying and selling electronic components and semiconductors have come to incorporate the benefits of online marketplaces into their daily business practices. The primary appeal of these sources lies in a marketplace’s…
2018 has officially come and gone, and for many professionals involved in the manufacturing supply chain, the end couldn’t have come soon enough. Despite the electronic component market increasing approximately 8% – with even faster growth expected in 2019 with the rollout of 5G networks – supply has consistently failed to match the skyrocketing demand.…
In addition to our ability to confirm component lifecycles, Partstat offers the only BOM Monitoring Solution on the market that can predict allocation before it occurs. Especially when OEMs are facing the most significant electronic component shortage in over a decade, this feature has become an indispensable part of our customers’ supply chains. Instead of…
The current high demand for electronic components has ‒ ultimately ‒ led to a severe shortage. While this has had a detrimental effect on supply chains, many manufacturers believed this would be a temporary situation. However, this component shortage may be here longer than expected. In today’s market, the supply and demand imbalance is defined…
Time is of the essence during the ongoing electronics revolution. Companies in all industries across the board are struggling to stay ahead of the game in this ever-evolving world. It may feel like you’re one step ahead, but, in fact, you’re actually two steps behind. Obsolescence has become an urgent issue which manufacturers are more…
With the current electronic component shortage crisis, the relationships between OEMs and contract manufacturers are of the utmost importance. Continuing to conduct business as usual is no longer an option. Success can only be achieved by building better relationships across all levels of your supply chain — and if there’s a disconnect, everyone is impacted.…