Resilinc: Hurricane Harvey’s Supply Chain Impact May Be Worse than Expected

The impact of Hurricane Harvey on the global supply chain will be worse than expected due to the dependence on chemicals and intermediate products across a range of industries, according to supply chain experts at Resilinc, a provider of supply chain risk and resiliency solutions. Other contributing factors are an interconnected global supply chain and…

Severe Electronics Components Shortages Possible in 2017

Is the electronics supply chain diving headlong into one of its infamous component undersupply situations and the associated procurement woes? Some industry veterans are concerned this may be the case as they watch average selling prices inch higher and demand strengthen in an environment marked by low inventories and limited manufacturing capacity. With companies keeping…

For a Sustainable Supply Chain: Trust but Verify

“Trust, but verify” is derived from a Russian proverb. Former U.S. President Ronald Reagan famously applied this term with regards to nuclear disarmament. As with any negotiation, achieving a sustainable supply chain is possible with the right balance of “trust and verify”. However, market forces and leverage alone, do not bring about trust. Shared values…

Foxconn ‘Bank’: A New Twist in Supply Chain Financing

Foxconn Technology Co. Ltd is giving a new meaning to the term “full-service-provider.” It is a contract manufacturer, a supplier of a wide range of parts and services to electronics OEMs and, since last year, a provider of critical financing support to suppliers. By setting up a business unit to fund suppliers, Foxconn has cracked…

Robots in the Supply Chain is Old News; Get Ready for Artificial Intelligence

Robots are the natural next step in the evolution of the electronics manufacturing supply chain. This shouldn’t surprise anyone but it seems some economists and researchers were shocked at the recent news that Foxconn had automated some of its plants, replacing workers with robots. This resulted in the elimination of as many as 60,000 factory…