Recent months have shown that supply chains carry not only the world’s goods, but also its inflation anxieties, geopolitical divisions, climate challenges and health risks, writes TheFT.
Semiconductor shortages are weighing down the industrial recovery as droughts have hit Taiwanese producers and geopolitics have split the market. At the same time, a squeeze on the supply of building materials has led to rising costs for contractors, adding to concerns about inflationary pressures across the world economy.
“It was welcome, therefore, that the final communiqué of last weekend’s G7 summit should contain an acknowledgment of the threats faced by global supply chains and a proposal for establishing a common framework for stress-testing them,” commented the FT.
“By stress-testing supply chains, governments can simulate and prepare for sudden shocks and changing conditions. Adverse scenario analyses would allow them to model the resilience of critical supply chains in the face of both familiar financial events and emergent non-financial risks.”
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
