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“There’s a degree of irony in the fact that, in the face of the most significant component shortage since the turn of the century, OEMs are regularly holding high-level meetings about how to rid themselves of on-hand inventory. It’s the classic ‘have your cake and eat it too’ dilemma; despite their inherent need to support…
Back in 2007, the National Association of Home Builders and Bank of America combined their resources to produce an intriguing list of the longest-lasting electronic products in the average household. Among the top candidates were refrigerators and dryers at 13 years, garbage disposals at 12 years, and water heaters at 11 years. If you were…
“There is little about the “Great Component Shortage of 2018” that hasn’t already been thoroughly analyzed. Unprecedented demand for smaller and more efficient passive electronics, especially in the automotive and IoT industries, has driven lead times for once commoditized components to the breaking point. What hasn’t been discussed, however, is the equal pushback OEMs are…
Nothing is worth compromising business continuity, right? After all, consistently acquiring and distributing the right quantity of components to the right manufacturing facilities is the aim of every supply chain manager, and a goal that is virtually impossible to accomplish without adapting to numerous and inevitable supply chain disruptions. The current component market, for example,…
Anyone paying attention to the state of the electronic component marketplace knows that 2018 has seen the most significant industry-wide shortage in over a decade. Lead times for once-commoditized components and semiconductors are, in some cases, stretching well over a year, throwing many a supply chain into a state of perpetual uncertainty. Many analysts are…
With the current component shortage and obsolescence challenges present in today’s manufacturing climate, transparency is needed now more than ever. Transparency not just regarding knowledge of where components originated, but transparency in all aspects of supply chain management. Here are three tips you can implement today to help your company accomplish this. 1. Communication Is…