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…

ISM Survey: 75% of Companies Report Supply Chain Disruption

Today the Institute for Supply Management (ISM) revealed the first-round results of a survey focused on coronavirus disease 2019 (Covid-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some…

supply chain, sourcing

Quick Sourcing Tips for Electronics and Electrical Systems

As an electronics sourcing specialist, your goal is undoubtedly to receive the best results from your suppliers. Purchasing electronics and electrical systems brings challenges, but these tips could improve your outcomes. Vet your electronics manufacturing services partners carefully An electronics manufacturing services (EMS) partner handles aspects related to the design, testing and building of electronics…

omnichannel, distribution, customers, band, loyalty

6 Pros and Cons of an Omnichannel Distribution Strategy

An omnichannel strategy is great for customer service, but it can be challenging to implement. Omnichannel requires a fine-tuned system that functions across multiple channels, mostly in-store and online. No matter where the customer interacts with the company, the experience is the same. This strategy isn’t to be confused with multichannel marketing, which only uses…

ISM, purchasing, manufacturing, forecast

Purchasing Execs Predict Revenue, Capex & Employment Growth in 2019

U.S. purchasing and supply executives are entering 2019 with a bit less enthusiasm than 2018, although optimism remains strong for the next calendar year. Sixty-four percent of U.S. manufacturers polled by the Institute for Supply Management expect their revenue will grow by 5.7 percent in 2019, compared with the 5.1 percent increase predicted for 2018.…

TE Adds Online Store as Part of its Digital Strategy

TE Connectivity, one of the largest and most diverse manufacturers of connectors, sensors and passive components, has expanded its purchasing, pricing, availability and delivery offerings via its TE Store. Although similar services are offered by TE distributors, TE’s chief eBusiness and digital officer Nitin Mathur said there is a large population of global users that…

OEMs Should Commit to Inventory During Component Shortages

The causes, effects and implications of “The Great Component Shortage of 2018” have been thoroughly analyzed. The automotive and IoT industries have been driving unprecedented demand for smaller and more efficient passive electronics, which in turn has stretched lead times for these once- commoditized components to the breaking point. What hasn’t been discussed, however, is the equal…