30 Oct 2020 -
 General

No recovery for electronics supply-chain in next six months

supply chain

Supply chain recovery is at least six months away, reports Supply Chain Quarterly, with many of those surveyed predicting much longer – 12 months to two years. These are the findings of a new survey of electronics supply-chain professionals working within medical device manufacturing undertaken by Conceptial, Inc.

Supply Chain Quarterly reported some of the survey’s key findings: 

  • Nearly all respondents (92%) emphasized the importance of accurate Covid-19 case data to correctly forecast demand requirements and inform manufacturing efforts. Yet 84% expressed worries about how Covid-19 case data is being collected and reported in the U.S., with 44% indicating they have concerns about inaccuracies from Covid-19 testing.
  • Thirty percent said U.S. manufacturing capacity needs to grow; more than a quarter (26%) said such medical gear will be harder to source; and 20% said they expect that there will be continued product shortages.
  • 82% of survey respondents said they worry about how tariffs on China will impact personal protective equipment (PPE) and medical devices.

While there was optimism about a recovery and the ability for U.S. supply chains to distribute a potential coronavirus vaccine; it also showed that concerns linger about data accuracy related to the virus as well as potential surge-related delays and product shortages throughout the supply chain.

For more help with supply chain options, contact Astute Electronics here.

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