Shortage Mitigation
This year has been such a roller coaster for us all and has left us in a continuous loop. Countless unexpected events happened just within a year, and all of them had made huge impacts on most industries. In the world of electronics, it became a great struggle and resulted in massive supply chain disruptions and component shortages.
Manufacturers and suppliers of electronic parts, no matter how big or small, all their inventories and productions had been sucked out of the market. The lead time for highend manufacturers such as AKM, TE, STM, and NXP, and others, has doubled from 18 weeks up to 36 weeks.
Supply chain disruptions are nothing new and faced with chronic shortages and extended lead times manufacturers are considering independent distributors. For many companies, sourcing parts from the independent channel requires a significant shift in mindset.
“If you are a manufacturer, you need to have as part of your supply chain strategy an independent distribution plan. How are we going to engage? We don’t want to give a broker business and take it away from the franchisor/authorized distributors. But right now, we are the guys that can be strategic and can get parts that work when you need them at a competitive price.”
Winchip understands the importance of shortage elimination and our team of highly qualified salespeople are ready and capable to quickly source electronic components from around the world.