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Many states including Florida, Georgia, and South Carolina are already taking measures to re-open their economies, and while the COVID-19 pandemic remains as relevant as ever before, it is only a matter of time before organizations (with the help of strict social-distancing measures) attempt a relative return to normalcy. This does not mean, however, that…
Crises on the level of the one currently being experienced around the world are not known to have short-term repercussions. In fact, many leave behind aspects of life that can still be felt to this day. The Great Depression, for example, redefined the role government plays within the financial system, while the 9/11 attacks permanently…
The impact of the COVID-19 pandemic on the electronics manufacturing industry has not yet been fully revealed, but as the days continue to pass, we better understand just how broad the implications are. All aspects of the supply chain are experiencing strain, and the time has come where cost-saving solutions have not just become desirable,…
Most aviation-related manufacturers run at tight margins even in the best of times, so the shock of the COVID-19-related shutdown of many supply lines has been difficult to overcome, to say the least. It is worth noting that the current crisis also comes at a time when aviation manufacturing is already struggling. Parts suppliers, component…
When considering the prospect of making a last time buy, thoughts immediately turn to those actually making the last time buy. The recipient in the transaction, one might think, would be the one who receives the most benefit. While it is true that the equipment manufacturer receives a multitude of benefits incorporating a Last Time…
In a previous blog, we noted that despite the threat the novel coronavirus presents to global supply chains and general component market uncertainty, it also presents a rare opportunity for OEMs to take a step back and re-evaluate the strategies they currently are implementing to avoid disruption. Should they be found lacking, it might be…