Manufacturing Optimism Grows for Remainder of 2021

Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…

ECIA: Component & Product Demand Surges to Dramatic High

Optimism in the electronics market is surging, according to ECIA, bolstering data from a national manufacturing index that reached a 37-year high in March. The ECIA’s Electronic Component Sales Trend (ECST) monthly survey, which assesses month-to-month sales growth sentiment, leapt up between 26 and 27 points in component and end-market measures from February to March.…

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,…

Supply Chain Outlook Rallies but Concerns Linger

In spite of Covid-19 case numbers rising in the U.S., optimism in the electronics and manufacturing industries is improving.  ECIA’s latest supply chain survey on the impact of the virus points to lessening concern over component supply. Additionally, the U.S. manufacturing  index has increased for 3 consecutive months. Developments over the past month on Main…

ECIA Covid-19 Survey Reveals Concerns are Easing

As the coronavirus/Covid-19 pandemic continues to impact the electronics components supply chain, the most recent data from ECIA’s survey of manufacturers and distributors yields a picture of modest overall improvement and stabilizing results, according to Dale Ford, ECIA’s Chief Analyst. The results reflect the hopeful economic uncertainty that still exists even as many states have…