18 Jan 2023 -

Bumby ride for component lead times: shortages and gluts

New data indicates that shortages will last into the second half of 2023 and that commodity managers “need solutions and cannot simply ride out the storm”.

The data suggests a bumpy ride for supply-chain managers throughout this year, as reported by Electronics Weekly:

“While long lead times will persist into 2023 for components like microcontrollers and analogue ICs, 23% of all component lead time dimensions in Q1 2023 will decline. For Q3 2023, Commodity IQ data indicates half of all lead times will stabilize, with just 3% of dimensions increasing. 

“Global component sourcing activity was down nearly 22% in November 2022 versus November 2021, due in part to easing lead times for constrained components and less spot buying. Global component sourcing activity was down 7.4% from October through November 2022. Activity for the top 30 component types in November shrunk month-on-month by an average of 12%.

“Year-on-year growth in November was positive for most passive devices and negative for most semiconductors, with programmable logic devices leading the declines at 34.8%. All regions experienced decreases in sourcing in November. Europe ebbed by 5.8%, Asia-Pacific by 3.1%, and the Americas region saw the largest decline, with 15%, driven by a 16.1% downturn in the U.S.”

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

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