Global manufacturers face unprecedented challenges in managing sourcing and supply management of electronic components and related commodities. The rapid changes due to supply market volatility, part complexity, shortening lifecycles, and unique cost drivers make it very challenging for sourcing professionals to plan appropriately. In the current COVID-19 environment, the changes are amplified and include rapidly changing demand forecasts, supply shocks and more.
The first step to gaining control of electronic component sourcing is fully understanding the nature and impact of these challenges. As such, Supplyframe sponsored a market study conducted by Dimensional Research with over 200 sourcing, product operations, and supply chain professionals about their current challenges and best practices surrounding electronic component sourcing. In this webinar, Supplyframe will present their findings and insights to guide transformation of current processes to drive greater agility, reduce risk, and improve product lifecycle margins. New insights drawn from the current impact of the Covid-19 pandemic on the global electronics value chain will also be shared. Following these results, Supplyframe will demonstrate a solution available today to empower new product introduction and strategic sourcing teams to address these key challenges.