Woodstock Wire: Supply Chain News

April 08, 2024

The Proactive Approach to Obsolescence

Aspencore -- EPS News - In today's fast-paced technological landscape, staying ahead of the curve is essential for businesses to remain competitive. It is imperative to have a comprehensive understanding of the costs associated with component obsolescence. Obsolescence...

April 08, 2024 02:35 AM

Gartner lists top trends in supply chain technology for 2024

Tech -- FutureIoT - Gartner says advancements in technology will provide supply chain technology leaders and chief supply chain officers (CSCOs) with opportunities to support new business models, augment and automate decision making and foster ecosystem collaboration.

April 08, 2024 02:19 AM

Gather AI Raises $17 Million for AI-Powered Inventory Monitoring

Media -- PYMNTS.com - Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings.

The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather AI tries to grow its customer...

April 08, 2024 02:14 AM

North American EMS industry Up 4.1% in February

Media -- Evertiq - Total North American EMS shipments in February 2024 were up 4.1% compared to the same month last year. Compared to the preceding month, February shipments decreased 0.8%.

April 08, 2024 02:10 AM

FourKites Leverages Clari's AI-powered Revenue Platform to Drive Financial Excellence and Improve Customer Success

Business Wire -- FourKites leverages Clari's AI-powered revenue platform to achieve unprecedented levels of visibility and control over its entire revenue process.

April 08, 2024 02:03 AM

April 01, 2024

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual "State of Smart Manufacturing Report." The global study surveyed more than...

April 01, 2024 04:13 AM

Electronics Supply Chain Weekly Digest: March 22, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

April 01, 2024 04:09 AM

Feb. EMS Shipments Rise YoY

Aspencore -- EPS News - IPC announced today the February 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.22.

Total North American EMS shipments in February 2024 were up 4.1 percent...

April 01, 2024 02:50 AM

Colorado-based companies Voyager Space, Palantir join forces on national security work in space

Life -- Phys.org - Denver-based companies Voyager Space and Palantir Technologies have signed an agreement to work together on enhancing national security capabilities in the commercial space realm.

April 01, 2024 02:45 AM

Electronics Supply Chain Seeks Balance in 2024

SupplyChain -- SCMR Editorial - Labor costs continue to rise in the electronics supply chain, but industry research finds materials costs and backlogs easing.

April 01, 2024 02:40 AM

Wk 12 Electronics Supply Chain Digest

Media -- Passive Components News - Electronics Supply Chain Weekly Digest 3-22-24. DATAPOINT OF THE WEEK: S&P reported March Flash Mfg PMI in the US of 52.5 vs 52.2 in February, reflecting accelerating expansion in output and new [...]

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April 01, 2024 02:33 AM

E-waste production is growing 5x faster than it can be recycled, says UN

Enterprise -- The Register - The right to repair should be the obligation to repair, if we want to avoid drowning in trashed electronics

We're creating electronic waste almost five times faster than we're recycling it using documented methods, according to a United...

April 01, 2024 12:02 AM

March 31, 2024

Safety 101: Managing Semiconductor Obsolescence

Aspencore -- EPS News - Semiconductor lifecycles are shrinking. Meanwhile, certain industries rely on being able to capture decades of semiconductor component availability. When the semiconductor lifecycle to end-product lifecycle ratio gets skewed, electronics OEMs...

March 31, 2024 11:59 PM

Gartner's Top Trends in Supply Chain Tech for 2024

Aspencore -- EPS News - Advancements in technology will provide supply chain technology leaders and chief supply chain officers (CSCOs) with opportunities to support new business models, augment and automate decision making and foster ecosystem collaboration, according...

March 31, 2024 07:52 AM

March 26, 2024

Mastercard Expands Cross-Border Offering With Alipay Partnership

Media -- PYMNTS.com - Mastercard is expanding its cross-border payment solutions by connecting to China's Alipay.

The collaboration lets Mastercard's bank, FinTech and corporate clients offer customers a connection to an e-wallet that has more than 1 billion users...

March 26, 2024 06:19 AM

Electronics Supply Chain Weekly Digest: March 15, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

March 26, 2024 06:01 AM

Foxconn highlights five growth pillars for 2024

Media -- DIGITIMES - Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes - namely AI servers, three major smart platforms, Electrical Vehicles (EVs), IC design, and Low-Earth Orbit (LEO) satellites - as unveiled...

March 26, 2024 05:03 AM

March 23, 2024

Thinking differently about electronics manufacturing

Media -- Electronics Sourcing - Nano Electronics Services' director, Steve Drew, explains how the company is disrupting the market and changing the way customers think about PCB assembly.

Nano Electronics Services' director, Steve Drew Nano Electronic Services...

March 23, 2024 05:31 AM

Walmart Commerce Technologies Launches AI-Powered Logistics Product

Business Wire -- For years, Walmart has used AI to create a more efficient supply chain, reducing emissions while helping to ensure more of the items its customers want are available where, when and how they want them. Today, the company is making that same award-winning,...

March 23, 2024 05:18 AM

March 21, 2024

New Solutions for Battling Counterfeit Components

Aspencore -- EPS News - The always-present risk of procuring counterfeit electronic components was exacerbated during the height of the Covid-19 pandemic. Prolonged lead times quoted by tier-1 component suppliers left many OEMs unable to ship vehicles and high-value...

March 21, 2024 05:22 AM

The Electronics Supply Chain Is (Still) a Hot Mess

Electronics -- The Ojo-Yoshida Report - The good news of a recovery is cheering for semiconductor makers. But this cannot hide the fact that the industry must confront and resolve its numerous supply chain issues.

March 21, 2024 03:17 AM

Electronics Supply Chain Weekly Digest: March 08, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

March 21, 2024 02:33 AM

European EMS Market Grew to a Record Level in 2023 But May Experience Challenges in 2024

Media -- eBOM - As revealed this week by an annual survey conducted by in4ma and sponsored by IPC Electronics Europe GmbH, the European electronics manufacturing services (EMS) industry experienced a robust 11 percent growth last year. Printed circuit board assembly...

March 21, 2024 12:14 AM

March 20, 2024

The European EMS market reached new highs in 2023

Media -- Evertiq - The European EMS market grew to new record levels in 2023. However, the new year might present challenges.

March 20, 2024 03:38 AM

Opportunities for more 'Made in Britain'

Media -- Electronics Sourcing - Contract manufacturer, UK Circuits, is predicting another year of increased opportunities for fellow British-based electronics producers. Recent supply chain issues and rising global costs have seen a significant return of...

March 20, 2024 03:29 AM

Jabil Receives Prestigious 2023 Shingo Prize in Shanghai

Business Wire -- Today, Jabil Inc. (NYSE: JBL) announced that its site in Shanghai has received the Shingo Prize, the world's highest standard for organizational and operational excellence. The award from the Shingo Institute - a program of the Jon M. Huntsman School...

March 20, 2024 03:08 AM

March 19, 2024

Supply Chain 'Normal' Means Rationalizing Data

Aspencore -- EPS News - The last five years have been so far from normal that it's hard to recall what a conventional supply chain looks like. Fundamentally, electronics customers want the right component at the right price at the right time - or, as one distribution...

March 19, 2024 02:51 AM

Jabil to to close its Vancouver site - 120 jobs lost

Media -- Evertiq - EMS giant Jabil is planning to close its Vancouver, Washington operation - resulting in the permanent layoff of 120 employees.

March 19, 2024 02:19 AM

Absolute EMS Harnesses the Power of Nitrogen to Elevate Electronic Manufacturing Quality

Media -- eBOM - Absolute EMS, Inc., an award-winning EMS provider of turnkey contract manufacturing services, continues to harness the power of nitrogen to enhance the quality, reliability and efficiency of their manufacturing processes. The company's state-of-the-art...

March 19, 2024 02:18 AM

Foxconn sees strong server sales in February

Media -- DIGITIMES - Foxconn (Hon Hai Technology Group) has reported significant sales for server-related products for February 2024, driven by strong customer orders.

March 19, 2024 02:00 AM

March 18, 2024

Bridging the gap between engineering and procurement

Media -- Electronics Sourcing - Altium has launched a BoM Portal within the Altium 365 platform, engineered to enhance collaboration between engineering and procurement teams and offering a unified approach to managing BoMs in electronics design.

Procurement...

March 18, 2024 10:11 PM

"In The EMS Equation, Demand Is Easy, Supply Is Difficult"

Media -- ElectronicsB2B - Reinventing the wheel in the EMS industry is rarely discussed due to high capital costs involved. Thanks to its unique business model, Karakhana IO made Rs 20 Cr last fiscal and is near Rs 100 Cr revenue this fiscal. The start-up's Sonam...

March 18, 2024 10:07 PM

UiPath Announces Investments in Saudi Arabia, Including First Saudi School of Automation and New Office Location in Riyadh

Business Wire -- With new investments in Saudi Arabia, UiPath commits to supporting digital transformation and workforce upskilling via AI and automation technologies.

March 18, 2024 07:47 PM

March 02, 2024

Factory Index Slips But Signals 'Soft Landing'

Aspencore -- EPS News - The leading measure of U.S. factory activity contracted in February amidst a decline in new orders and employment levels dropping to a 7-month low. The Institute for Supply Management's leading index, the PMI, slipped 1.3 percent last month...

March 02, 2024 03:45 AM

Intel Eyes AI For Standalone Programmable Chip Unit Altera

Media -- ElectronicsB2B - The contract manufacturing customers, including Intel's own business units, may receive favorable pricing.

Intel's standalone programmable chip unit, Altera, is eyeing a significant opportunity in artificial intelligence (AI), according...

March 02, 2024 02:37 AM

Executive Perspectives: Frank Cavallaro

Media -- Source Today - How did the semiconductor marketplace fair in 2023 and what is in store for 2024? Frank Cavallaro, CEO of A2 Global Electronics + Solutions, joins this Executive Perspectives episode to discuss the changes in supply and demand for various...

March 02, 2024 01:09 AM

Easing Obsolescence: Studying the IC-Making Puzzle

Aspencore -- EPS News - There are many pieces to any semiconductor product "puzzle" that can result in obsolescence. These pieces range from business revenue to any one of the subcomponents that compose semiconductor products, such as foundry process technologies,...

March 02, 2024 12:22 AM

February 28, 2024

Digital Commerce Demands Multifactor Approach to ID Verification

Media -- PYMNTS.com - Lisa McFarland, executive vice president and chief product officer at Ingo Payments, told PYMNTS that authentication across digital channels requires a multi-pronged approach.

At a high level in the digital age, as parties interact and transact...

February 28, 2024 06:34 AM

North American EMS industry up 2.6% in January

Media -- Evertiq - Total North American EMS shipments in January 2024 were up 2.6% compared to the same month last year. Compared to the preceding month, January shipments decreased 2.7%.

February 28, 2024 06:33 AM

Electronics Supply Chain Weekly Digest: February 23, 2024

Distribution -- TTI MarketEye - The Supply Chain Weekly Digest is a weekly collection of news summaries, survey results and channel insights, and report summaries from Edgewater Research.

February 28, 2024 06:24 AM

February 27, 2024

North American EMS Industry Up 2.6 Percent in January

Media -- eBOM - IPC releases EMS industry results for January 2024.

IPC announced today the January 2024 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.20.

Total North American...

February 27, 2024 04:40 AM

Forecasters Raise Expectations for U.S. Economy in 2024

Distribution -- Industrial Distribution - What recession?

February 27, 2024 04:30 AM

February 26, 2024

Foxconn's 50th-anniversary banquet celebrates enduring Apple partnership

Media -- DIGITIMES - On February 20, Hon Hai Group (Foxconn) celebrated its 50th anniversary with a grand banquet, hosting prominent guests from major clients like Apple, suppliers, partners, government representatives, and diplomats, totaling 500 attendees from...

February 26, 2024 05:23 AM

Innovating Supply Chain Higher Education with Generative AI

SupplyChain -- SCMR Editorial - Using artificial intelligence in the classroom is not without concerns, but it also offers supply chain students access to an increasingly critical industry tool.

February 26, 2024 04:27 AM

February 25, 2024

5 Tips for Secure International Electronics Shipping

Aspencore -- EPS News - Electronics is a global industry. Businesses that want to get the most out of their products must sell internationally, but international shipping comes with complications. Global manufacturers, distributors and retailers have built product...

February 25, 2024 07:09 AM

Blue Yonder Acquires Flexis, a Leader in Manufacturing and Supply Chain Planning Technology

Business Wire -- Blue Yonder, a leading supply chain solutions provider, today announced its acquisition of flexis AG, a flexible, innovative software technology provider specializing in production optimization and transportation planning and execution. With a robust...

February 25, 2024 03:46 AM

Supplyframe Launches Major New Design-to-Source Intelligence (DSI) Release

Business Wire -- Supplyframe today announced a major new release of its Design-to-Source Intelligence (DSI) Solutions. This release includes a number of first-of-its-kind capabilities to empower electronics design engineers, product leaders, and supply chain professionals...

February 25, 2024 03:41 AM