refurbished, electronics, Back Market

Why Refurbished Electronics are Getting a Second Look

A “perfect storm” is brewing for consumer electronics marketplace Back Market. The items it specializes in – refurbished smartphones, PCs, tablets and their ilk – are in high demand as professionals and students work from home during the coronavirus pandemic. In many regions of the world, unemployment has skyrocketed, so consumers are increasingly budget-conscious. Finally,…

The Future of Global Electronics Supply Chains

The complexity of global supply chains depends largely on what and how much you’re sourcing. With some materials — like paper — you’ll find a suitable supplier almost anywhere in the world. However, in the electronics industry, things are not so straightforward. Multiple commodities from multiple suppliers across various geographic locations mean global electronics supply…

Covid-19 & Necessity Accelerate Supply Chain Digitization

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Covid-19 has exposed barriers to collaboration that most companies tolerate under normal circumstances. It’s fair to say the electronics supply chain currently aspires to “normal.” Even before Covid-19 hit, 92 percent of companies…

Global, smartphone, shipments

Gartner: Q1 Global Smartphone Sales Down 20.2%

Global smartphone sales to end users declined 20.2% in the first quarter of 2020, according to Gartner, Inc. The global shelter-in-place combined with the economic uncertainty brought on by the Covid-19 pandemic led to demand for smartphones collapsing as consumers stopped spending on nonessential products during the first quarter. “The coronavirus pandemic caused the global smartphone market…