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.
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