NAND flash memory prices have experienced an unforeseen increase, occurring earlier than anticipated, according to industry sources. The NAND Flash Bit demand is expected to increase by up to 16% this year, driven by a number of factors, including: Apple's decision to...
Tags
Recent Articles
Five signs you may be buying a fake product
Counterfeiting is a global problem that costs businesses and consumers billions of dollars each year. Electronics counterfeiting is a particularly serious problem, as counterfeit electronic parts and components can lead to equipment failure, safety risks, and brand...
The rise of contract manufacturing for medical devices
There is a growing trend towards outsourcing the production of medical devices to contract manufacturers, writes Supply Chain Brain, driven by the need to speed up the product design cycle, meet rising demand, mitigate supply chain risk, and access hard-to-find...
Tips on how to deal with fluctuating freight rates
Freight rates play a crucial role in determining both the cost and efficiency of production in the electronics manufacturing sector. Fluctuations in freight rates can have a significant impact on businesses, from disrupting supply chains to increasing production...
Supply chains are greatest career challenge – New study
Jul 26, 2022
84 percent of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to date, according to a new study of 233 senior procurement executives from U.S. and UK manufacturers.
The study commissioned by Ivalua found
- The Supply Chain crisis is expected to continue: nearly half of procurement leaders (44%) expect the supply chain crisis to ease by the end of 2023.
- 92% of procurement leaders say that avoiding supply chain disruption is in their top 3 priorities for this year.
- 84% of businesses see modernising the manufacturing procurement and sourcing function as an organisational priority today.
- Only 46 percent say they have a deep understanding of their suppliers’ capabilities and risks
- Managing geographical disruptions to the supply chain has been a significant challenge. A full 89 percent of procurement leaders need to view supply chain data by geography, but only 73 percent can easily access it.
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