Executives Increase Supply Chain Risk Concerns

Executives remain optimistic about the global economy at the close of Q2, but not every region is benefiting equally from Covid-19 vaccination rates and re-opened businesses. IPC has raised its outlook for the United States, Europe, Mexico, Australia and Taiwan but notes Japan, India, Indonesia and Turkey continue to struggle. A recent McKinsey survey likewise…

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5 Ways to Improve Logistics Operations Using Technology

After more than a year of widespread disruptions, supply chain and logistics operations are starting to regain pre-pandemic productivity. About 72 percent of executives surveyed by EY say Covid-19 had an overall negative impact, so the year ahead will be one of rebuilding and growth. It’s the perfect opportunity to improve logistics for any company.…

EMS Grew 7.5% in 2020 as Industry Reaches $595 Billion

The worldwide contract manufacturing (CM) market experienced an excellent increase in revenue—an estimated 7.1 percent—which is far in excess of the annual worldwide GDP rate of –3.2% as established by the International Monetary Fund in 2020, according to New Venture Research (NVR) in its annual electronics manufacturing services report. The industry reached an all-time high…

Unfortunately, Fabs Won’t Fix Forecasting

With Intel Corp. predicting a scarcity of semiconductors that will last years, chip makers are set to build 29 new fabs by the end of 2022, according to industry group SEMI. These plans will have little impact on the current shortage, which has spread well beyond the automotive industry. Although fab plans represent a boon…

Sager Receives Foreign Trade Zone Site Activation

Sager Electronics, a leading North American distributor of Interconnect, Power, Electromechanical, and Thermal solutions and provider of custom solutions, today announced the company has completed all necessary proceedings to secure Foreign Trade Zone (FTZ) activation at its distribution and Power Solutions Center, in Carrollton, Texas. This activation includes the entire warehouse and production areas of…

Channel Feels the Impact of Logistics Costs & Backlog

While manufacturing has rebounded from the long Covid quarantine, the supply chain has not. Logistics operations – already short-handed – are dealing with a seemingly unending series of disruptions. And there’s no relief in sight, experts say. Shipping operations at the Port of Yantian, which were scaled back due to a Covid outbreak, have improved,…

Navigating 6 Supply Chain ERP Challenges

Enterprise resource planning (ERP) tools help supply chain professionals overcome numerous obstacles. However, deciding to use an ERP for improvements brings challenges, too. 1. Choosing an ERP to match your order volume Maybe you’ve noticed an increase in recent orders. Getting more business seems like a good thing, and it’s generally a positive occurrence. However,…