Necessity is the Mother of Collaboration

The cacophony always gets louder when supplies are disrupted: Supply chain partners must collaborate! Yet the “importance” (i.e., order volume) of a supplier or customer often dictates the allocation of constrained resources. Still, necessity is pushing the supply chain toward better collaboration, said Alex Saric, CMO of Ivalua, developer of spend-management platforms. The call for…

Digitization Remains a Manufacturing Priority

The prolonged shortage of electronics components has accelerated supply chain innovations viewed as “nice to have” for years and has rendered many of them imperative. Digitization – essentially, automating manual tasks throughout a manufacturing network – is considered important to achieving business goals by 87 percent of respondents to a recent survey. Yet progress has…

Semiconductor Sales to Grow at 7.1% CAGR Through 2026

IC Insights forecasts total semiconductor sales will rise 11% this year following a very strong 25% increase in 2021 and an 11% increase in 2020.  If achieved, it would mark the first time since 1993-1995 that the semiconductor market has enjoyed three consecutive years of double-digit growth. From 2016-2021, the compound annual growth rate (CAGR)…