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Educational Guide

Solving Issues with Electronic Component Shortages

We don’t need to tell you that the electronics component shortage is straining the entire supply chain. Unfortunately, trying to overcome these issues is proving challenging. Is there a better way to go about part searches, managing supply risk, annual negotiations, supplier collaboration, and all the other aspects of the sourcing/procurement process?

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How much is sourcing the wrong way costing your Organization?

Once upon a time, the sourcing process really didn’t need to be scalable. If you had trouble finding something, you could just call the distributor.

Just imagine the opportunity cost of having 10 people (2 of which are VPs) spending hours each week dealing with sourcing escalations, not to mention the burnout and turnover.

It’s a problem that needs to be solved.

Procurement Issues Are Causing Sadness, Burnout & Employee Turnover

Many OEM and EMS companies feel stuck between a rock and a hard place. You need the parts to satisfy customers and meet revenue goals.

You desperately want to keep your brand name from being tarnished by delays and logistics issues.

Yet, you are clawing to get more employees through the doorway while simultaneously being forced to push existing employees into long hours and lengthy processes.

Solving your electronic component shortage issues in the near-term

What can you do today to immediately reduce your sourcing burden, get your employees home on time, and help everyone in the company save time, headaches, and stress while still meeting demands?

Better yet, how can you solve these issues without pouring the equivalent of a metric ton of gold bullion into a new R&D project that will be ready to launch… “next year?”

It’s a problem that needs to be solved.

Additional Resources

Electronic Component Shortages Aren’t Going Anywhere – What’s Your Plan?

BOM Cost Management and Negotiation Preparation Checklist

Your Guide to Supply Chain Visibility

A Little More About
Part Analytics

We’re here to make supply management for direct materials less painful for electronics suppliers & manufacturers.

We are paving the way toward a future with simple, effective, and straightforward collaboration between electronic equipment manufacturers and suppliers. In that pursuit, we’re creating a comprehensive & standardized source of information for supply management.

We draw on deep expertise in sourcing and product design to help electronics equipment and component manufacturers find available parts, manage costs, and limit overall risk to their supply chain with intuitive, easy-to-use software tools.

Automate direct materials sourcing, procurement & PLM processes with AI-powered software that will find available parts, monitor market changes, and provide product cost, risk, spend & supply insights for everyone on your team.