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The modern supply chain is in a crisis. Although supply chain disruptions occur in some form annually, and major disruptions occur in cycles at least every few years, 2021 is proving to be a different beast. Inflation, raw materials shortages, port congestion, political tensions within nations that constitute critical pain points for critical electronic component…
In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…
Manufacturers of critical, life-saving healthcare equipment deal with a myriad of complexities and regulations that no other industry has to consider. Many of these considerations require significant additional costs, and in an era that has been defined by risks and disruption include supply chain delays, inflation, raw material shortages, extensive lead times, natural disasters, geopolitical…
A Supply Chain Risk Years in the Making The eyes of the international community are now focused squarely on the relationship between China and Taiwan, highlighting a supply chain risk that could complicate an already strenuous year. Earlier this week, one day after China celebrated the founding of the People’s Republic of China in 1949,…
One of the common questions we receive at Partstat is who exactly are our Inventory Ownership Solutions designed for. Who is poised to take advantage of the benefits they offer, and are there any entities who are excluded from considering the service? This series of articles will try to clarify this question and highlight how…
Recent market analyses have painted a disturbing picture for the future of the global supply chain, at least in the short term. What is even more disturbing, however, is that supply chain leaders seem to be making few steps to meet the anticipated tough times ahead. According to a new study from consulting company Accenture,…