How China Plus One Diversifies Supply Chain Risk

Trade wars, tariffs and geopolitical concerns have spurred global electronics manufacturers to reassess their strategies regarding China. But rather than abandon the nation entirely, China Plus One is taking hold as a way to diversify supply chain risks. “Trade dynamics with China have changed,” said Vipul Kumar, manager, procurement and supply chain intelligence for business…

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U.S. Factories Power Though Supply Chain Constraints

For 16 months the U.S. manufacturing sector has expanded in spite of – rather than thanks to – the global supply chain. The U.S. PMI in September increased by 1.2 percent to 61.1, according to the Institute for Supply Management. However, concern regarding the semiconductor shortage reached its highest level so far this year, said…

Component Sales Forecast: Stable as She Goes

Several research firms describe the electronics market environment as “stable” entering the all-important calendar Q4. Lead times, for example, have leveled out, according to LevaData and the ECIA, and demand shows no sign of abating. However, logistics experts continue to point to seemingly endless backups at international seaports and retailers are bracing for holiday shipping…

Tech Leads August U.S. Manufacturing Expansion

U.S. manufacturing powered through supply chain constraints in August to maintain a 15-month streak of expansion. New order and production levels underlined sustained demand while factories continued to struggle to find components, materials and workers. Tech companies led growth in August despite semiconductor and other supply shortages. The Institute for Supply Management’s PMI increased 0.4…

The Importance of Supply Chain Efficiency

The past 18 months has proven that the unthinkable really can happen, and the whole world has had to deal with previously unseen levels of disruption without any real guidelines. The pandemic has demonstrated how seriously production is affected when supplies aren’t available, travel is restricted, and when less (or no) workers are allowed on…

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How Analytics Is Transforming the Supply Chain This Year

Supply chains had an unusually challenging year in 2020, one that will likely result in considerable changes. After the Covid-19 pandemic caused massive disruptions around the globe, logistics companies are taking new steps to prevent similar situations in the future. Data analytics is taking center stage amid all this change. Experts predict that the world…

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…

How an AI-Applied Supply Chain Enables Efficiency

Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers, buyers, and logistics providers can have a trickle-down effect that causes waste, time loss, and increased carbon emissions. With…

3 Tips for Making Supply Chain Management More Sustainable

Sustainability is often little more than a buzzword in modern supply chain management. Multinational corporations set sustainability standards and try to follow them, but the issue of maintaining them across a supply chain can be difficult. True sustainability is a concept built upon three pillars: environments, economics, and people. When supply chain management fails, negative…