freight, demand, US, essential goods

Global Freight Demand Sinks; U.S. Focuses on Essential Goods

U.S.-China freight rates have been heavily impacted by the ongoing developments in Covid-19, according  logistics expert Freightos, which also provides insight on global shipping trends. China-US West Coast prices (FBX01 Daily) rose 1 percent since last week to $1,533/FEU. Rates are 3 percent lower than last year’s prices for this week. China-US East Coast prices…

Covid-19, MLCC, Thailand, electronics, components, Southeast Asia

Covid-19 Impacts MLCC, Resistor, Smartphone and 5G Supplies

Editor’s note: Our colleagues in China, Taiwan and other regions in Southeast Asia continue to report, from the ground, on the coronavirus’s impact on the electronics industry. ESMChina shared the following update. At least 30 countries around the world have declared a state of emergency, according to EPSNews sister publication ESMChina, as Covid-19 continues to…

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…

Supply Chain Management Solutions Are Taking the Industry by Storm

Supply chain management solutions (software and services) integrate functions such as manufacturing, distribution, and production by holistically managing the information, material flow, financials, and others. They aim to achieve competitive advantage through enhanced customer service, optimized costs, increased revenue, and investments. Supply chain management solutions consist of integrated processes such as inventory control, production planning,…

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…

Covid-19, components, shipments

Component Makers Don’t Expect a Q2 Recovery From Covid-19

Electronic component manufacturers (OCMs) and their OEM/EMS customers say they don’t have much visibility into their partners’ supply chains. During the coronavirus outbreak, that visibility may determine how quickly the electronics industry bounces back from a prolonged China shutdown. A survey the ECIA conducted on Feb. 7 found a majority of OCMs didn’t know how…