The New Buffer Stock Era for Supply Chains

By Logan Wamsley

The benefits of buffer stock are well known across the business landscape and have long been seen as a strategy to secure supply chains. In 2022, however, the use of buffer stock to shore up critical inventory such as electronic components, semiconductors, have gone from being a supply chain luxury to being an absolute necessity.…

Supply Chain Shortages for Semiconductors to Last to 2024, Says Intel CEO

By Logan Wamsley

If there was any hope that the electronic component and semiconductor markets are on the upswing, many of those hopes were squashed in a recent CNBC interview with Intel CEO Pat Gelsinger. According to Gelsinger, he expects the semiconductor industry to face supply chain shortages until at least 2024. Gelsinger’s comments come following the release…

The Problem with Just-In-Time Inventory

By Logan Wamsley

According to a recent study from commercial real-estate firm CBRE, nearly 96% of existing space in the U.S. is currently in use, and large companies are working quickly to adapt to a new but uncomfortable reality: space, where it can be found, is expensive. For today’s manufacturers, it’s not uncommon to pay up to 30%…

Supply Chains Brace for Omicron Variant Effects

By Logan Wamsley

The latest variant of the COVID-19 virus, dubbed the Omicron variant, has now gripped the globe, and governments around the world have been quick to respond. Although details regarding the severity of the variant are currently uncertain — although the scientists in South Africa who first discovered the variant say observed symptoms so far have…