U.S.-China freight rates have been heavily impacted by the ongoing developments in Covid-19, according logistics expert Freightos, which also provides insight on global shipping trends. China-US West Coast prices (FBX01 Daily) rose 1 percent since last week to $1,533/FEU. Rates are 3 percent lower than last year’s prices for this week. China-US East Coast prices…
As the Covid-19 outbreak has worsened in Europe, semiconductor manufacturers have had to examine the health issues and risk factors for their workers. Most of Europe is under lockdown, paralyzing the economy and daily life of hundreds of millions of people. PSA Group, Renault, Fiat Chrysler, Volkswagen, Ferrari, among other car manufacturers, have suspended production…
With the worldwide spread of the Coronavirus COVID-19, said the ECIA, there is a need to provide visibility on how this crisis is impacting the electronic components industry and the supply chain. In order to provide this important visibility, ECIA has been conducting surveys of member manufacturing and distributor companies to gain an understanding of…
In addition to the human cost of life, IDC said the Covid-19 outbreak will impact year-over-year revenue growth in the global chip market. The Coronavirus Disease 2019 (Covid-19) is affecting China and is spreading within East Asia and into Europe and North America. In addition to the human cost of life, the impact of the…
Trade show postponements have become standard operating procedure during the Covid-19 outbreak, and rightly so. Last week’s cancellation of the Electronic Distribution Show (EDS) also qualifies as historic. The show has been around in one form or another since the 1930s and has suspended assembly only during World War II. EDS was scheduled for May…
Companies managing their supply chain operations face the challenges of growing complexities of the global economy, the continuous rise in e-commerce and increasing customer expectations. To help confront these challenges and keep pace with customers’ needs, companies increasingly understand the importance of digitally transforming their supply chain to increase flexibility, visibility and reduce costs. According…
Editors note: As developers realize IoT systems need more intelligence deployed to the edge to overcome latency, performance data privacy/security and bandwidth challenges, the Special Projects team at AspenCore Media explores the pursuit of that smarter edge: the what, why and where. It’s an effort — and an opportunity — that requires cooperation among component,…
Today the Institute for Supply Management (ISM) revealed the first-round results of a survey focused on coronavirus disease 2019 (Covid-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some…
On International Women’s Day 2020, I’ve been contemplating the influence of some amazing women, all that I am lucky and proud to call friends and colleagues, that are shaping the digital transformation of the manufacturing and supply chain. They are examples and heroes to us all and the exemplify to theme of this year’s activity…
Today, on International Women’s Day 2020, I’ve been contemplating the influence of some amazing women, all that I am lucky and proud to call friends and colleagues, that are shaping the digital transformation of the manufacturing and supply chain. They are examples and heroes to us all and the exemplify to theme of this year’s…