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.…

digital transformation, supply chain, predictions

10 Global Supply Chain Predictions for 2019

The electronics supply chain, for the past year, has been marked by component shortages, lead-time extensions and tariff uncertainties. Nevertheless, it’s been a good year for component manufacturers and distributors—many of which have reported record quarterly sales during 2018. In 2019, IDC projects, the supply chain writ large is poised to transition from a cost…

Global Online Marketplace Features New & Used Chip Equipment & Parts

In the highly competitive, fast-moving semiconductor manufacturing industry, strategic procurement is essential. When sourcing new and used chip equipment and parts, multiple factors must be considered, including reliability, ability to meet shipping dates, volume and price. The “best” supplier could be a major well-known name or a new provider that you haven’t purchased from yet.…

manufacturing, AI, factory, production

U.S. Production Rebounds; Lead-Time Concerns Linger

After a significant cool down last month, the U.S. manufacturing industry bounced back in November with growth in new orders, production and employment. Overall, U.S. production has been expanding for 27 consecutive months, although manufacturers tapped the brakes in October. The nation’s leading production index, the Institute for Supply Management’s PMI, increased 1.6 percentage points…

How Electronics Sourcing Practices Impact the Journey to Mars

The National Geographic channel’s “Mars” series has entered its second season and has inspired AspenCore’s Special Projects team to delve into the future of space exploration. Our “Road to Mars” report covers the designs, technologies and imagination that drive space research, and the electronics and sourcing infrastructure that support aerospace hardware development. The world’s fascination with Mars continues to fuel space…

25 Undergrad Supply Chain University Programs Leading the Pack

Having the right procurement and supply chain talent on board has become a strategic imperative for electronics OEMs and universities are stepping up to the plate. In addition to creating and revamping curriculum, these schools are actively wooing students and helping them find their place in corporate America as chief supply chain officers (CSCOs) and…