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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…
2021 is not even half over, but already we have seen several glaring examples of just how fragile the modern supply chain really is. Irrespective of company size, product, or industry, one or more supply chain disruptions have the potential for disastrous consequences for manufacturers and other businesses. One example was recently seen with the…
With a little help from a high tide brought by a “worm moon,” the container ship Ever Given was finally dislodged from the Suez Canal, bringing the total time it disrupted traffic to six days. While the source of the problem has been corrected, the effects of the backlog are going to reverberate across various…
The COVID-19 pandemic has been and will long be looked at as a historic turning point for supply chain management. It’s not every day that businesses experience such a clear and impactful notice of their shortcomings. Although they may seem difficult to overcome at the outset, these disruptions will ultimately, in turn, lead to better,…
There are few issues that cause more friction between OEMs and their contract manufacturers than last time buys. Although last time buys are often necessary to ensure the lifecycle of the OEM product, the protocol for the last time buy, or who holds responsibility for the last time buy, is often murky at best. For…
The novel Coronavirus is a classic black swan for 2020 — an event that is largely unforeseeable and impossible to fully mitigate. As of this writing, the virus continues to spread to new countries beyond the boundaries of China with Australia, Italy, Iran, South Korea, Japan, France, Germany, Spain, the US, and others all reporting…