Manufacturing Activity Eases Slightly in July

The pace of U.S. manufacturing growth cooled a bit in July as factories continued to struggle with labor and supply constraints. But some pressures appear to be easing: prices paid by manufacturers declined 6.4 percent between June and July, according to the Institute for Supply Management, and factory employment increased. Overall, the nation’s PMI decreased…

Component Prices Rise 10% to 40%

Increased component prices are inevitable when demand outstrips supply. But the electronics supply chain is being hammered on all sides – from materials to logistics — with rising costs. As one freight expert put it: “In 2020 and 2021, global logistics just can’t seem to catch a break.” For months, the Institute for Supply Management…

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Electronics Leads June Expansion Amid Supply Chain Woes

The computer and electronics industry fueled U.S. manufacturing expansion in June but continues to struggle with shortages, price hikes and logistics bottlenecks, procurement managers told the Institute for Supply Management (ISM). Components are by far the biggest challenge, one buyer said, with lead times going from 16 weeks to 52-plus weeks. “Processors are a critical…

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,…

Factory Activity Rises Despite Supply & Labor Constraints

The U.S. manufacturing sector continued its expansion in May, but shortages of components, raw materials and labor are constraining factories’ ability to meet skyrocketing demand. “Supplier performance — deliveries, quality, it’s all suffering,” a tech executive told the Institute for Supply Management. “Demand is high, and we are struggling to find employees to help us…

Tips for Expediting the Supply Chain Backlog

There is no end in sight for global supply delays stemming from trade restrictions and transportation logjams. Demand continues to rise for U.S.-manufactured goods, but raw material and component disruptions are hindering production expansion. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising commodities prices and difficulties in transporting products are continuing to…

Manufacturing Optimism Grows for Remainder of 2021

Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…

Speedbumps Abound on the Road to Digitization

“Digitization” is, like “resilience,” the new mantra for the supply chain. Digital applications range from automated paperwork to complex networks that provide end-to-end visibility of global supply and manufacturing operations. Digitized systems work across geographies and products to provide real-time data on inventory, delays, disruptions and resolutions to manufacturing sites and supply-chain partners. Interconnected supply…

April PMI: Demand Bumps Up Against Supply

Labor and supply constraints continue to limit U.S. manufacturing momentum even as demand remains robust. The nation’s leading factory index, the PMI, declined 4 percent in April, but depleted customer inventories and increasing factory backlogs bode well for the long-term health of the industry. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising…

Mouser Poised for Bounceback in EMEA Electronics Market

Even in the most challenging of economies, electronics companies design new products. Component makers and distributors that assist OEMs with their designs stand to benefit from high margins or volume orders once an item reaches mass production. Catalog distributors that specialize in low-volume, high-mix design and engineering orders, such as Mouser Electronics, weather market volatility…