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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…
With the predictions most analysts had regarding the electronic component shortage continuing through 2018 being right on target, many manufacturers are still struggling to find answers. Lead times for certain components in some cases are stretching beyond 30 weeks, and as the supply-demand balance continues, suppliers are increasingly unable to maintain stable prices. The market…
An obsolescence management strategy that mitigates the issues associated with end-of-life electronic components does not mean having the ability to quickly negotiate a last time buy, nor does it mean having long-term contracts with preferred OCM partners to fulfill inventory over a long-term period. It also doesn’t mean having the infrastructure to know when a…
Type “obsolescence management strategy” into Google, and you’ll find hundreds of tips and tricks from experienced analysts and experts on how to best handle end-of-life components. Most of these tips, ranging from simple supply chain adjustments to intricate analytical insight, do have inherent value on their own, but attempting to educate consumers in such a…
2018 has seen the chip market experiencing a period of nearly record demand, especially for chip capacitors, resistors, and memory such as NOR and NAND Flash. Although this surge was largely anticipated by many industry analysts, the sheer scale of it nevertheless has caught even some of the world’s leading chip manufacturers off guard. Even…
The term obsolescence management strategy, while simple in theory (how OEMs adapt their supply chain when faced with critical electronic components approaching end-of-life), has a nearly infinite number of variations in the supply chain marketplace. In one regard, this is understandable given how each industry — and each manufacturer within that industry — prioritizes different…