U.S. Manufacturing: March Madness

Following six consecutive months of contraction, the U.S. manufacturing industry increased in March by a healthy 2.3 percentage points on the nation’s leading index. The Institute for Supply Management’s (ISM) PMI reached 51.8 percent from the February reading of 49.5. Any number above 50 indicates growth. The PMI is riding high on an increase in…

Procurement Execs Tighten Their Belts

U.S. manufacturing has been on a bumpy ride for the last five months: The Institute for Supply Management (ISM)  has reported industry contraction since October 2015. The pace of contraction slowed a bit in February and is inching closer to a level of 50.0, the demarcation line between growth and contraction on the ISM index.…

How to Plan for a Risk-Adjusted Supply Chain

As millennials begin to replace baby boomers in the electronics workforce, corporate priorities are beginning to shift. Millennials place significant value on their employer’s corporate social responsibility (CSR) stance, for example. As companies try to do good, however, they are also increasing their supply chain risks. Risk mitigation has become top of mind in the…

Manufacturing Contracts 4th Month in a Row

Manufacturing in the U.S. contracted for the fourth consecutive month in January, signaling what’s likely to be a slow climb back to growth for the early part of 2016. The nation’s leading manufacturing index, the Institute for Supply Management’s PMI, registered 48.2 percent in January, increasing only 0.2 percent from its level of 48.0 in…

Chip Market Forecast to Grow 4% in 2016

The uncertain global economy will continue to have a dampening effect on the semiconductor market, according to two leading analyst firms. While the chip industry had been able to outperform the overall electronics market for decades, chip makers have had to grow accustomed to a more sedate pace of growth. IC Insights and Future Horizons both have forecast…

Friends — Not Social Media — Prepped me for the C-Suite

In the ’50s and ’60s back in the neighborhood, “real social interaction” preceded all of today’s empty suit social media communications. When we were teens, we were doing things like marketing, organizing events and, most significant, developing social skills and learning life lessons on the playground…without parental guidance and fanfare. Social media truly benefits so…

Advocate Says Reshoring’s Down, But Not Out

Although the pace of U.S. reshoring decelerated in 2015, one manufacturing expert says the trend is far from standing still. A recent report released by consultancy A.T. Kearney concluded that the U.S. reshoring train “has yet to leave the station.” The Reshoring Initiative (www.ReshoreNow) disagrees. “Repeated surveys by Boston Consulting Group, Plastics News/Nexant, Alix Partners…

Electronics Counterfeiters Get Their Day in Court

Just before the holidays in December 2015 the U.S. Attorney’s office in Connecticut was quite busy: three Chinese nationals were arrested and held on federal criminal complaints pertaining to counterfeit Xilinx components and stolen, military-grade semiconductors from the U.S. Navy that were set to be exported from the United States. On the same day, Jeffrey…

ECIA: DFARS Not ‘FAR’ Enough

Although the Defense Federal Acquisition Regulation Supplement (DFARS) has undergone yet another revision, proponents of authorized distribution say that the measure still does not go far enough to protect the electronics industry from counterfeit components. The Electronics Components Industry Association, which represents electronics distributors and their suppliers, commented in December on the most recent revision…