A recent article sheds some light on why the global chip supply isn’t rebounding as quickly as hoped. The article from EPS News states:
“The global semiconductor supply chain, which not only saw a slowdown before the pandemic, saw those issues exacerbated even more by turbulent markets. The most significant contributing factor to the delays was the limited supply of semiconductors, materials, and related components.”
The author highlights the fact that the global supply chain is already inherently delayed, creating a perfect recipe for an unexpectedly slow recovery. Combine this with an ever-increasing demand for electronics components, and the manufacturing operations of the world are facing challenges in ways never anticipated.
How can your company navigate a component shortage?
While the rebound for the semiconductor supply chain is slow, there are ways of successfully navigating the challenges to minimize downtime in production. Manufacturers must stay on top of their fluctuating supply, prioritizing a full pipeline. Having a detailed knowledge of available components sources is critical to maintaining production goals.
As a global independent supplier of electronics components, Chip Stock works with you, striving to help maintain your high supply levels and keep your production humming along at an expected rate. Chip Stock of course has a goal to provide the best pricing, but even more importantly, we strive to provide our customers with reliable service and excellent communication.