Air & Sea Shipments Cost More; Port Delays Remain

As the Christmas holiday approaches, consumer awareness of the supply chain has heightened. Global supply networks have actually been struggling for 18 months. Continual disruptions have elevated the rates of ocean shipments and air-cargo costs are now on the rise. Additionally, delays at U.S. seaports have not abated. Transatlantic air cargo rates climbed this week,…

How Flexible is Your Bill of Materials?

High-quality, highly reliable electronic products are realized through many devices and services coming together consistently and efficiently. One item is components; the individual parts that, together, comprise a bill of materials (BOM). Ideally, a BOM would be frozen once the engineering and purchasing departments have agreed on the parts and suppliers, respectively, needed to build…

Why the Pandemic Has Been Good for Robotics

Due to economic and environmental pressures industrial operations are moving toward a more automated future. This has been happening for quite some time as automation, powered by robotics in manufacturing, provides a host of benefits such as operational cost savings, higher efficiency and faster time to market. The global market for both industrial and non-industrial…

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…

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…

manufacturing, growth, revenue, profit

Electronics Adds to U.S. Manufacturing Surge

The electronics sector helped drive U.S. manufacturing activity to a 37-year high in March as pent-up demand emptied customers’ shelves and firmed up expectations for a widespread economic recovery. There are no signs demand will abate, according to the Institute for Supply Management, although factories will face supply and labor constraints at least through the…

manufacturing, index, low

Demand Surges, Supply Tightens at U.S. Factories

Demand remains high for U.S.- made products even as manufacturers contend with price increases, labor shortages and supply constraints. The Institute for Supply Management’s PMI reached a three-year high in February to 60.8, an increase of 2.1 percentage points from the January reading. Signs for future demand remain strong, but supply chain pressures are unlikely…

Texas Snowstorms to Disrupt Electronics Supply Chain

The snowstorms in Texas have led to a 133-car pileup, nearly a half-million without power, and millions in the state under boil-water notices. The storms’ impact on semiconductor fabrication plants in the Lone Star state has also received attention. “The storm-related power outages in Texas could have a mind-blowing impact on fabs and, in turn,…