Alleviation of shortage
This year was such a roller coaster for all of us, leaving us in a continuous loop. Countless unforeseen events occurred within just a year, all of which had a major impact on most industries. In the electronics world, it has become a major struggle, resulting in massive supply chain disruptions and component shortages.
Manufacturers and suppliers of electronic components, no matter how big or small, had all their inventories and products sucked out of the market. Lead times for high-end manufacturers such as AKM, TE, STM and NXP have doubled from 18 weeks to 36 weeks.
Chip1Exchange Expert Solution
We are already in the last quarter of 2020 and no one knows when this pandemic will end. Even experts cannot predict how much we will experience these challenges. Fortunately, Chip 1 Exchange has supply chain expertise to solve component shortages.
Chip 1 understands the importance of eliminating shortages, and a team of talented salespeople are ready to quickly procure electronic components from around the world.
https://electronics-sourcing.com/2022/05/26/never-go-short-shortage-mitigation-solutions-2/ Never run out-a shortage mitigation solution