Sourcing for electronic components is unlike other traditional supply chain commodities. The rapid changes due to supply market volatility, part complexity, shortening lifecycles, and unique cost drivers make it extra challenging for sourcing professionals to plan appropriately. In the current COVID-19 environment, the changes are amplified and include shifting demand forecasts, supply shocks, and more.
The first step to gaining control of your electronic component sourcing is fully understanding the nature and impact of these challenges. For that reason, Supplyframe sponsored a market survey conducted by Dimensional Research with more than 200 sourcing, product operations, and supply chain professionals about their current challenges and best practices surrounding electronic component sourcing.
This 60-minute Webinar presents the survey’s findings to help guide transformation of current processes to drive greater agility, reduce risk, and improve product lifecycle margins. Experts share insights drawn from the current impact of the Covid-19 pandemic on the global electronics value chain and then demonstrate a solution to empower new product introduction and strategic sourcing teams to address key challenges.
- How the electronics sourcing process slows product innovation
- How a disconnected strategic sourcing process increases spend
An audience Q&A follows the technical webinar.