U.S. manufacturing activity in April expanded at its slowest pace in nearly two years amidst high levels of employee turnover and Covid lockdowns in China. The Institute for Supply Management’s factory index, the PMI, decreased by 1.7 percent to 55.4 as the employment, production and new orders indexes slipped slightly from March. Any number above…
How will automotive OEMs will move from an arm’s length relationship to long-term agreements?
From raw materials to finished goods, the Covid pandemic has wreaked havoc on global electronics supply chains.
Increased component prices are inevitable when demand outstrips supply. But the electronics supply chain is being hammered on all sides – from materials to logistics — with rising costs. As one freight expert put it: “In 2020 and 2021, global logistics just can’t seem to catch a break.” For months, the Institute for Supply Management…
Where does a supply chain firm fit into Siemens AG’s portfolio? Supplyframe, which Siemens acquired in May, will be integrated into Siemens’ Digital Industries unit and become part of its software-as-a-service (SaaS) offering. In its 18 years in business, Supplyframe has evolved from a components aggregator to a “design-to-source” intelligence (DSI) firm. Its DSI platform…
Siemens has signed an agreement to acquire Supplyframe, a leading Design-to- Source platform for the global electronics value chain, for USD 0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will help customers to reduce costs, increase…
“Digitization” is, like “resilience,” the new mantra for the supply chain. Digital applications range from automated paperwork to complex networks that provide end-to-end visibility of global supply and manufacturing operations. Digitized systems work across geographies and products to provide real-time data on inventory, delays, disruptions and resolutions to manufacturing sites and supply-chain partners. Interconnected supply…
While Renesas officially aims to get its Naka 12-inch wafer production line back to full operation within one month, research firm TrendForce expects the immediate task of restoring the cleanroom and installing new equipment systems to take much longer than that. Renesas said that the fire burned about 5 percent of the total area of…
5G remains the electronics industry’s best hope to kickstart a global economy that’s been decimated by Covid-19. Although network rollout is far from uniform across the globe, supply analysts are beginning to form a picture of what the 5G supply chain will look like. As of March, 5G was live in 24 markets globally, according…
The electronics supply chain relies on new product introductions (NPI) to drive both innovation and sales. More than half (53 percent) of electronics industry product launches have been delayed or cancelled due to the coronavirus pandemic, according to a Dimensional Research study commissioned by Supplyframe. Covid-19 also has led to increased component costs, the need…