Chip CEOs Reach Out to White House

As CEOs of the leading chip companies signed a letter to U.S. President Biden urging him to prioritize funding for semiconductor manufacturing and research, the White House press secretary Jen Psaki said late last week in a press briefing that industry should expect an executive order to be signed within weeks. The Semiconductor Industry Association (SIA) board…

shortages, component

Managing the Semiconductor Shortage of 2021, Part 2

A perfect storm of events have converged to create the semiconductor shortage of 2021.  High-level collaboration across the electronics supply chain could make the deficit less painful, experts say. Shortages often prompt less-than-optimum purchasing behaviors. Competitive bidding for inventory drives prices up. Exceptions to approved vendor lists become common. And double-ordering – where purchase orders…

Managing the Semiconductor Shortage of 2021, Part 1

The burgeoning semiconductor shortage of 2021 hit chipmakers “like a ton of bricks,” according to one distributor.  Of course, that’s not the phrase semiconductor suppliers would use. But the supply chain is in the midst of a perfect storm. A convergence of events is creating what’s expected to be a shortage of CPUs, MPUs, memory,…

Fitbit Versa

Fitbit’s Supply Chain Strategy Leverages Cognitive Sourcing to Manage Costs

At a recent Cognitive Sourcing Summit, hosted by LevaData, EBN sat down with Kevin Purser, head of global supply chain sourcing & procurement at Fitbit to find out about the company’s supply chain strategy.  Purser joined the company in 2015, having worked in senior supply chain positions at several global electronics manufacturers including VeriFone and…

25 Undergrad Supply Chain University Programs Leading the Pack

Having the right procurement and supply chain talent on board has become a strategic imperative for electronics OEMs and universities are stepping up to the plate. In addition to creating and revamping curriculum, these schools are actively wooing students and helping them find their place in corporate America as chief supply chain officers (CSCOs) and…

Tariffs Raise ‘Red Flag’ on Component Supply Risks

Electronics executives and industry experts are all over the map regarding the impact of U.S. and China tariffs on component supplies, OCMs, distributors and their customers. One thing is crystal clear – tariffs, or “taxes,” in one form or another are going to be passed on to buyers. Research and investment firm Morgan Stanley projects…

25 Suppliers Winning the Resiliency Game

For any procurement department worth its salt, finding the right suppliers goes well beyond the question of pricing and quantity and enters into looking at how the selection of one supplier over another changes the organization’s risk profile. The Resilinc R Score is working to help streamline the process of making those determinations. The ranking…