Scent Technology Set to Grow by 30% Through 2020

Some of the deadliest threats to human lives are things that can’t be seen, heard, smelled or touched. In fact, scents are added to substances such as natural gas so leaks can be identified before they overwhelm victims—or explode. Technology can also help avert disasters.  Scent technology is expected to grow rapidly, by 30.4 percent,…

Procurement’s Biggest Problem: Risky Supply Chains

The biggest external challenge for businesses is supply chain risk, according to a new procurement study conducted by Xchanging plc, a business technology and services provider. The study of 830 procurement professionals across the UK, Europe and North America reveals that 77 percent of respondents believe supply chain risk is the biggest challenge to their…

Is the Industry Ready for Off-, Right- and Near-Shoring?

The high-tech industry has spent the better part of two decades working the kinks out of a supply chain that expanded rapidly into China. In addition to the bureaucracy the move entailed – many companies had to partner with a Chinese company in order to literally get a foot on the ground—the logistics of designing…

How Procurement Can Better Evaluate Risk vs. Opportunity

The semiconductor and electronics supply chain, like many other industries, is experiencing a renewed round of diversification strategies. There are a myriad of reasons and market opportunities driving the strategic shifts, but the bottom line remains a unified goal of increased business (volume and revenue) at improved costs with ever more finely managed risks. Among…

Chip Maker Mergers: When 1+1=Risk

There will always be certain risks that a business can expect: a management turnover; a market correction; or taking on too much debt. In the electronics supply chain, the industry has become better at spotting risks, such as those that come with manufacturing and sourcing products offshore. But the more subtle risks, said Tom Galligani,…

Semiconductor Assoc. Applauds Passage of TPA

The Semiconductor Industry Association (SIA) this week today applauded Congress for approving the bipartisan Trade Promotion Authority (TPA) legislation. Although passage of the TPA puts the U.S. closer to a controversial Trans-Pacific Partnership (TPP) agreement, the SIA said the TPA “will strengthen the U.S. semiconductor industry and [the U.S.]  economy by paving the way for…

India’s Rise to Further Shift Global Electronics Supply Chain

India presents a very interesting opportunity for the semiconductor and electronics industry: it is the most recent Cinderella Story among the emerging market economies, benefitting from global economic shifts — low oil and strong dollar, especially, are enhancing the strong and sustainable growth plan of Prime Minister Narendra Modi. As discussed in a recent EPS…