The Importance of Supply Chain Efficiency

The past 18 months has proven that the unthinkable really can happen, and the whole world has had to deal with previously unseen levels of disruption without any real guidelines. The pandemic has demonstrated how seriously production is affected when supplies aren’t available, travel is restricted, and when less (or no) workers are allowed on…

5 Strategies for Cybersecurity in Supply Chain Management

Supply chain management has become an increasingly tech-centric process. Rapid digitization and widespread adoption of technologies like internet of things (IoT) devices have made logistics more efficient than ever but simultaneously introduced new risks. Consequently, supply chain cybersecurity should be at the forefront of your mind. The Identity Theft Resource Center (ITRC) reported a 42…

Dual-Footprint Devices can Reduce Supply Chain Risk

Reducing supply chain risk is typically a low priority when starting a new project. Device procurement often takes a back seat to goals such as the implementation of a new feature, improving circuit accuracy, precision, or increasing battery life. But with some creativity and forward thinking, minimizing supply chain risk is possible during device selection,…

DRAM, memory, supply

DRAM Shortage Spotlights Small Memory Suppliers

Sales of DRAM—the most commoditized of electronic components – grew 26 percent in Q2 2021 to $24.1 billion and propelled Samsung to the world’s leading chip supplier  for the same period. But DRAM is also known for frequent boom-to-bust cycles and supplies are looking tight into next year. All of which is good for fabless…

Optimism Cools on Electronic Component Sales

Optimism regarding electronic component sales has tempered in the past few months, according to ECIA, although demand remains steadfastly high. The economy, inflation and supply chain constraints have likely contributed to softening expectations. It’s also possible that, after six months of chip allocation, OEMs are realistic about the number of parts they can expect to…

blockchain, recycling

How Analytics Is Transforming the Supply Chain This Year

Supply chains had an unusually challenging year in 2020, one that will likely result in considerable changes. After the Covid-19 pandemic caused massive disruptions around the globe, logistics companies are taking new steps to prevent similar situations in the future. Data analytics is taking center stage amid all this change. Experts predict that the world…

Manufacturing Activity Eases Slightly in July

The pace of U.S. manufacturing growth cooled a bit in July as factories continued to struggle with labor and supply constraints. But some pressures appear to be easing: prices paid by manufacturers declined 6.4 percent between June and July, according to the Institute for Supply Management, and factory employment increased. Overall, the nation’s PMI decreased…

Component Prices Rise 10% to 40%

Increased component prices are inevitable when demand outstrips supply. But the electronics supply chain is being hammered on all sides – from materials to logistics — with rising costs. As one freight expert put it: “In 2020 and 2021, global logistics just can’t seem to catch a break.” For months, the Institute for Supply Management…

How an AI-Applied Supply Chain Enables Efficiency

Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers, buyers, and logistics providers can have a trickle-down effect that causes waste, time loss, and increased carbon emissions. With…