supply, forecast, grim

U.S. Supply Execs Prepare Grim Forecast for 2020

U.S. purchasing and supply executives expect the nation’s economic downturn will continue for the rest of the year as the Covid-19 pandemic obscures forecasts in the manufacturing sector. Factory revenue is expected to drop 10.3 percent in 2020 —  down 15.1 percent from December 2019 forecasts. The manufacturing and services sectors are both signaling contraction…

digital, supply chain, Covid-19, transformation

How Covid-19 Could Accelerate the Digital Supply Chain

Supply chain services are getting more creative as the Covid-19 pandemic stresses global commerce and businesses prioritize the safety of their workforce. Online tools and services are becoming more popular with vendors offering free assistance and emphasizing their utility in times of crisis. Tradeshift, an open-source transaction platform, notes buyers, suppliers and their partners all…

ECIAauthorized, ECIA

ECIAauthorized Expands to Non-Association Members

For the past six months, the Electronic Components Industry Association (ECIA) has been in a state of flux. For the procurement community, that became evident though changes to ECIAauthorized, the association’s inventory-aggregation site. In October, some of ECIA’s biggest members – global distributors Arrow Electronics Inc., Avnet Inc. and Electrocomponents plc—left the trade association to…

DPA, shortage, supply, supply shortage, DPA

Why the DPA Won’t Cure Covid-19’s Supply Shortages

All over the world, healthcare workers face a critical supply shortage of personal protection equipment (PPE) which prevents cross-contamination between caregivers and patients. Life-saving ventilators are in short supply.  It’s inconceivable that in 2020, the richest country in the world cannot produce enough masks, gowns, shields and equipment in response to the Covid-19 pandemic for…

cloud, digital transformation

Supply Chain Embraces the Cloud to Drive Digital Transformation

Companies managing their supply chain operations face the challenges of growing complexities of the global economy, the continuous rise in e-commerce and increasing customer expectations. To help confront these challenges and keep pace with customers’ needs, companies increasingly understand the importance of digitally transforming their supply chain to increase flexibility, visibility and reduce costs. According…

Covid-19, supply chain

AI & Automation Aid Supply Chain in Wake of Covid-19

The reality of Covid-19 has settled into the electronics supply chain as shipment delays, labor shortages and flight cancellations have upended global logistics. Although the tech industry has improved supply chain resilience, new technologies are gaining traction as the coronavirus spreads. The previous weeks have focused on Chinese supply as manufacturing slowly recovered across the…