Lead times for some electronics components are now extending out by seven months, reports SourceToday in their recent electronic distributors outlook.
Quoting from IHS Markit’s Greg Woods, they reported that during the period between May 2020 and April 2021, “manufacturers’ lead times increased for 83% of semiconductor parts”.
“Parts in particularly high demand and short supply during this period were oscillators, uPs/uCs/peripheral ICs, programmable logic ICs, memory ICs, transistors, diodes and consumer ICs. Between May 2020 and April 2021, for example, the average lead time for oscillators increased to 28 weeks (from seven weeks, while uPs/uCs/peripheral ICs saw their lead times extend to 30 weeks (from 11),” reported SourceToday.
IHS Markit recommends buying well in advance and carrying more inventory of critical components. Procurement should establish contracts with distributors, it adds, while conducting daily monitoring of critical component lead times.
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.
Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.
With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.
For more help with looking at supply chain options, contact Astute Electronics here
