Infrastructure Packages Pledges $450 Million to Relieve US Supply Chains, But Will It Be Enough?
In some positive news for the supply chain amid the global uncertainty surrounding the Ukraine conflict, U.S. supply chains are expecting to get a degree of relief in the form of $450 million in federal investment. This money comes as a result of President Joe Biden’s recent infrastructure package. According to Transportation Secretary Pete Buttigieg,…
Key Inflation Indicator Hits Highest Point in 30 Years, Says Federal Reserve
Today’s supply chain disruptions are not only affecting manufacturing industries, but also everyday consumers trying to purchase anything from chicken to golf clubs. Global climate trends, natural disasters, geopolitical tensions, shipping freight delays, and other such issues are combining with the ongoing COVID-19 pandemic to create a perfect storm of challenges that makes 2021 one…
Who Are Partstat’s Inventory Financing Solutions For? Part 2: EMS Providers
EMS providers provide an incredibly important role within the supply chain, but the role is also an incredibly difficult one. Often operating at slim profit margins as low as 3%, EMS providers are tasked with maintaining high production quality for their OEM customers at the lowest possible price point — or otherwise risk becoming lost…
The Supply Chain Squeeze in the Solar Power Industry Teaches Us Valuable Lessons
The global supply chain squeeze is affecting nearly every industry to some extent, but for one industry that is still relatively young, it has been particularly damaging. That industry is solar power. Due to a significant and lasting surge for components, labor, and freight as a result of COVID-19, solar power developers are slowing project…
BOM Monitoring: A Secure Future for Military and Defense Supply Chains
Ever since the mid-90s when the U.S. decided to enter into the open market to source its technology and critical inventory, military and defense supply chains have seen two conflicting narratives play out simultaneously. One, the transition to a multi-tiered supply chain system has accelerated the expansion of military and defense tech at a rate…