Woodstock Wire: Supply Chain News

June 05, 2023

IPC: EMS Shipments up 14.3%

Aspencore -- EPS News - IPC announced today the April 2023 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.21.

Total North American EMS shipments in April 2023 were up 14.3 percent compared...

June 05, 2023 10:01 PM

June 03, 2023

Joint smart warehousing to create win-win situation for distributors

Media -- DIGITIMES - Generally speaking, distributors categorize their customers into TBMs (Taiwan-based merchants), CBMs (China-based merchants) and MBMs (multination-based merchants). Production bases are being moved to ASEAN and South Asia, with large parts...

June 03, 2023 09:15 PM

North American EMS industry up 14.3% in April

Media -- Evertiq - Total North American EMS shipments in April 2023 were up 14.3% compared to the same month last year. Compared to the preceding month, April shipments increased 5.5%, says the IPC.

June 03, 2023 09:14 PM

May 31, 2023

Gartner Announces Rankings of the 2023 Global Supply Chain Top 25

Think -- Gartner - Gartner, Inc. has released the results from its annual Global Supply Chain Top 25, identifying leading supply chain organizations, highlighting trends and sharing best practices.

May 31, 2023 05:15 AM

May 30, 2023

Electronics supply chain to return to balance in 2H

Media -- Electronics360 - Supplyframe sees supply and demand coming more into historical norms.

May 30, 2023 09:23 PM

Labor Shortages and Supply Issues Still Stress Global Supply Chains

Media -- Source Today - After three years, COVID-19 is still causing problems in all industries. How can the labor supply chain and supply chain shortages recover?

May 30, 2023 09:20 PM

How to Minimize the Risk of Counterfeit Components

Aspencore -- EPS News - The electronics supply chain faces several significant challenges. One of the most pressing of these is the prominence of counterfeit electronic components.

Electronics is a massive and profitable industry, so it is a natural target for fraudsters...

May 30, 2023 03:48 AM

May 21, 2023

What's Driving the Reshoring Surge?

Aspencore -- EPS News - Reshoring and foreign direct investment (FDI) manufacturing job announcements are continuing to outpace recent records, the Reshoring Initiative reported, adding 101,500 jobs in 2023 Q1. If the current rate continues, the organization added,...

May 21, 2023 06:57 AM

Supplyframe Commodity IQ Indicates an Electronics Supply Chain That Is Coming Into Balance in H2

Business Wire -- The latest Commodity IQ analysis from Supplyframe indicates that inventory reductions and corrections initially expected to be largely complete by the second quarter will continue into the third quarter of 2023. Lead times and prices across most commodities...

May 21, 2023 05:28 AM

May 17, 2023

Ezkey Celebrates 15 Years of Supply Chain Innovations

Aspencore -- EETimes - Ezkey has been specializing in electronic components supply chain services for 15 years and is an industry-leading electronic components distributor as well as an IoT solutions provider. We are committed to becoming EMS, OEM, ODM, and IDH manufacturers'...

May 17, 2023 05:58 AM

Amazon is focusing on using A.I. to get stuff delivered to you faster

Media -- CNBC - Tech - Amazon aims to use artificial intelligence to speed up deliveries - by minimizing the distance between its products and customers, a top executive told CNBC.

May 17, 2023 05:46 AM

Tata reported to receive 5% of iPhone 15 orders

Media -- DIGITIMES - As Wistron is reportedly on its way to selling its Indian manufacturing facility to Tata Group, a consulting firm estimates that the Indian conglomerate may receive a small portion of iPhone 15 orders expected to be launched later in 2023,...

May 17, 2023 05:08 AM

May 16, 2023

Foxconn to see revenue drops in 2Q23

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) expects to see its second-quarter revenue decrease both sequentially and on-year, due to ongoing inventory adjustments throughout many device sectors, the traditional off-season, and customers transitioning...

May 16, 2023 05:50 AM

May 15, 2023

What are Digital Twins and How Can They Drive Warehouse Efficiency?

SupplyChain -- Logistics Viewpoints - The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process,...

May 15, 2023 10:32 PM

Why electronic manufacturing costs are dependent on logistics and sourcing

Media -- Electronics360 - Tariffs, sourcing and shipping have all become associated with rising costs in the electronics manufacturing value chain.

May 15, 2023 10:24 PM

May 14, 2023

Excess Inventory is Supply Chain's Next Challenge

Aspencore -- EPS News - Semiconductor output increased during the pandemic, but the retooling and redistribution of essential products created supply chain chaos, experts report. As demand for mobile computing equipment grew exponentially, original equipment manufacturers...

May 14, 2023 11:16 PM

Solutions built with you in mind, designed to make purchasing electronic components easy

Aspencore -- EETimes - Easyiee Technology Limited is an electronic component distributor operating for more than 10 years.

The company mainly provides supply chain services to OEM/ODM factories worldwide. Based on our customers' sourcing needs, we develop logical...

May 14, 2023 11:15 PM

Gartner Reveals the Top Supply Chain Technology Trends for 2023

Think -- Gartner - As organizations place greater emphasis on supply chain management, Chief Supply Chain Officers (CSCOs) intend to grasp their collective opportunity to invest in growth through new technology investments, according to Gartner, Inc.

May 14, 2023 11:04 PM

Foxconn acquires another land in southern India for smartphone manufacturing

Media -- DIGITIMES - According to a filing by Foxconn Tuesday night, the world's largest electronics manufacturer has bought land near Bengaluru for future operation.

May 14, 2023 10:40 PM

Supply Chain Visibility Leader FourKites Partners with Gravity Supply Chain Solutions to Provide Real-time, First-Mile Visibility for Global Shipments

Business Wire -- Leading supply chain visibility provider FourKites today announced an exclusive partnership with Gravity, maker of an award-winning supply chain management platform for many of the world's leading shippers and freight forwarders. The partnership will...

May 14, 2023 10:36 PM

Social Media's Role in the Digital Supply Chain

Aspencore -- EPS News - Luke Smith - Service providers of all kinds can benefit from tapping into a digital supply chain. Social media is so pervasive now that it spreads information like wildfire. There are ways that you can leverage social media to inform and optimize...

May 14, 2023 01:49 AM

May 13, 2023

Foxconn to see 2Q23 revenue fall

Media -- DIGITIMES - Hon Hai Precision Industry (Foxconn) reiterated its previous estimate of sequential and year-over-year revenue declines for the second quarter.

May 13, 2023 01:02 AM

Blue Yonder Named a Leader in the 2023 Gartner(r) Magic Quadrant(tm) for Supply Chain Planning Solutions for Third Year in a Row

Business Wire -- Blue Yonder, a leading digital supply chain solutions provider, has been recognized by Gartner as a Leader in the recently released Magic Quadrant for Supply Chain Planning Solutions1 based on the "Ability to Execute" and "Completeness of Vision." Blue...

May 13, 2023 12:17 AM

May 05, 2023

Kimball Electronics Reports Q3 Results With Record Revenue and Expanding Operating Margin; Company Updates Outlook for Fiscal Year 2023 With Sales Expected at the High-End and Adjusted Operating Margin in the Mid-to-Low End of Its Guidance Range

Business Wire -- Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter ended March 31, 2023. Three Months Ended Nine Months Ended March 31, March 31, (Amounts in Thousands, except EPS) 2023 2022 2023 2022 Net Sales...

May 05, 2023 01:28 AM

May 03, 2023

Nearshoring Mitigates Counterfeit Component Risks

Aspencore -- EETimes - Counterfeit electronics have existed for many years, but recent disruptions in the supply chain, such as parts shortages, have brought this issue more to the forefront. Among the problems this creates for manufacturers is the inferior quality...

May 03, 2023 05:21 AM

Component Sales Prospects Improve in May

Aspencore -- EPS News - Although sales sentiment around electronic components took a dip in April, strong demand from critical end markets is expected to improve things in May.

In its April Electronic Component Sales Trend (ECST) survey, the ECIA saw sentiment decline...

May 03, 2023 05:21 AM

Jabil's Carpenter talks automation, value of end-to-end supply chain evaluation

SupplyChain -- SCMR Editorial - Logistics is playing an ever-increasingly important role in streamlining processes and reducing costs, but automation can't be implemented in a silo says Jeannie Carpenter, Jabil's senior director of global logistics.

May 03, 2023 04:49 AM

May 02, 2023

Manufacturing falls again in April, reports ISM

SupplyChain -- SCMR Editorial - The report's key metric, the PMI, came at 47.1 (a reading of 50 or higher indicates growth), marking a slight 0.8% gain over March's 46.3, while contracting, at a slower rate, for the sixth consecutive month. The past six months of contraction,...

May 02, 2023 12:48 AM

FedEx trims costs again with plan to shut 29 locations in its less-than-truckload division

SupplyChain -- DC Velocity - Closures and furloughs at FedEx Freight follow April plan to realign corporate units under single corporate umbrella

May 02, 2023 12:48 AM

May 01, 2023

Kenny Wilson Assumes CEO Role at Jabil

Business Wire -- Jabil Inc. (NYSE: JBL), a global manufacturing solutions provider, today announced that Kenny Wilson has officially assumed the role of Chief Executive Officer (CEO). Wilson, a long-time leader within Jabil, succeeds Mark Mondello who will remain with...

May 01, 2023 11:50 PM

April 28, 2023

Survey shows 85% of supply chain professionals plan to increase technology use to support workforce

SupplyChain -- SCMR Editorial - Ivanti Wavelink says more than half of respondents plan to increase technology by up to 30% in the next year.

April 28, 2023 10:03 PM

North American EMS industry down 3.1% in March

Media -- Evertiq - Total North American EMS shipments in March 2023 were down 3.1% compared to the same month last year. Compared to the preceding month, March shipments increased 6.2%, reports the IPC

April 28, 2023 09:53 PM

Record performance and strengthened outlook for Kitron

Media -- Evertiq - Kitron reports first-quarter results showing record levels for revenue and profits. The EMS provider har lifed its outlook for 2023 due to strong demand and further easing of supply constraints.

April 28, 2023 09:50 PM

Supply chain restructuring places smaller suppliers at a disadvantage

Media -- DIGITIMES - Localization of supply chains is a common goal of industries to ensure safe and stable supply amid geopolitical tensions and other unfavorable factors. However, localization trends have not been good news for small and medium-sized suppliers...

April 28, 2023 09:39 PM

Samsara Selects e2open Advanced Supply Chain Planning and Collaboration to Automate and Connect its Value Chain

Business Wire -- Samsara has selected e2open Advanced Supply Chain Planning and Collaboration to help manage its demand, supply, and inventory across its operations.

April 28, 2023 09:23 PM

April 27, 2023

Tech investments to grow as labor problems persist

SupplyChain -- DC Velocity - 85% of supply chain pros say they will invest in technology to increase productivity in the next 12 months.

April 27, 2023 02:55 AM

April 26, 2023

China, CHIPS and Supply Chain Disruption

Aspencore -- EPS News - As the U.S. and China battle for supremacy in semiconductor manufacturing, the supply chain continues to struggle to meet global demand for chips. Despite softening demand overall for electronic devices, shortages of certain semiconductors...

April 26, 2023 05:46 AM

Spotting Counterfeits: 5 Red Flags to Watch Out for

Media -- Source Today - Here are five ways to spot a fake in your electronics supply chain.

April 26, 2023 04:38 AM

April 23, 2023

Foxconn founder Terry Gou again bids to become Taiwan's president

Enterprise -- The Register - Manufacturer's close ties to China match the party position, perhaps not the public mood

Terry Gou, the founder and former CEO of Taiwanese contract manufacturing titan Hon Hai Precision Industry (aka Foxconn) is making a second attempt...

April 23, 2023 05:39 AM

German Supply Chain Act Raises the Bar for ESG

Aspencore -- EPS News - For now, the German Supply Chain Due Diligence Act (LkSG), which went into effect at the beginning of the year, will have a relatively small impact on global commerce. But in the coming years, pressure on organizations to screen for human rights...

April 23, 2023 05:35 AM

FourKites Introduces Industry-first Supply Chain Sustainability Analytics

Globe Newswire -- Technology - New enhancements to FourKites' Sustainability Hub will help supply chain leaders with advanced emissions tracking and reporting capabilities New enhancements to FourKites' Sustainability Hub will help supply chain leaders with advanced emissions...

April 23, 2023 04:52 AM

ODMs downsizing capacity in China

Media -- DIGITIMES - Taiwanese ODMs are accelerating the downsizing of their production capacity in China amid rising geopolitical tensions and weakening demand, with Wistron announcing that its Taizhou plant in China will stop production from April 26.

April 23, 2023 04:24 AM

Navigating the Fluctuating Electronics Supply Chain: Trends and Developments

Media -- Source Today - The electronics supply chain faces continued disruption, requiring proactive measures by manufacturers to secure supply chains through long-term orders and NCNR terms, while specific markets experience increased demand and capacity limitations.

April 23, 2023 04:18 AM

Jabil creates new jobs with new Croatian manufacturing plant

Media -- Evertiq - EMS provider Jabil is in the process of establishing a new manufacturing facility in Osijek, Croatia.

April 23, 2023 03:53 AM

The evolution of electronic component counterfeiting

Media -- Evertiq - In 2022 ERAI, a global organisation that monitors, investigates, and reports issues affecting the global electronics supply chain, reported a total of 768 suspect counterfeit and nonconforming parts showing a marked increase over the last three...

April 23, 2023 03:52 AM

NOTE invest in new machinery for its Finnish unit

Media -- Evertiq - EMS provider NOTE has invested in a new reflow oven for its manufacturing facility in

April 23, 2023 12:45 AM

Foxconn reportedly files claim for India's mobile phone incentives

Media -- DIGITIMES - As iPhone production and exports surged over the past year, Taiwan-based iPhone manufacturers operating in India quickly requested reimbursement after meeting the incentive targets.

April 23, 2023 12:28 AM

Proposed and Already Restricted Substances: Teflon and PVC

Distribution -- TTI MarketEye - Proposals are underway to restrict the use of per- and polyfluoroalkyl substances (PFAS), found in Teflon(r), and brominated flame retardants (BFRs), used in PVC, while short-chain chlorinated paraffins (SCCPs) are already banned in Canada.

April 23, 2023 12:09 AM

April 16, 2023

AWS Supply Chain Is Now Generally Available With New Features

Enterprise -- InfoQ - AWS's Supply Chain cloud application has recently been made generally available, offering unified data, actionable insights powered by machine learning, and contextual collaboration features to reduce costs and mitigate risk. By Steef-Jan Wiggers

April 16, 2023 06:22 AM

NOTE acquires electronics plant in Bulgaria

Media -- Evertiq - Swedish EMS provider NOTE is expanding outside of its home market. The company is adding more manufacturing muscles through the acquisition of all shares in the Bulgarian electronics manufacturer ATM Electronics.

April 16, 2023 05:23 AM