Tag: Supply Chain

  1. 3 Ways to Build a Resilient Supply Chain During the Shortage

    3 Ways to Build a Resilient Supply Chain During the Shortage

    ‘Out of Stock’ until 2022 and...beyond? That’s right! It is predicted that the current supply chain crisis of semiconductors will last at least three years. And it is about to get worse—last month’s COVID-19 outbreaks in Asia are predicted to create further delays in the global supply chain and exacerbate the global semiconductor shortage.

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  2. Supplier Diversity, Defined

    Supplier Diversity, Defined

    You’ve probably heard the term, “supplier diversity” in your line of business. But what exactly does the term mean?

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  3. Suez Canal Blockage and Chip Shortages: Another Dent to the Supply Industry?

    Suez Canal Blockage and Chip Shortages: Another Dent to the Supply Industry?

    The global supply chain hit another snag. This time, in the form of a large container ship named Ever Given. The vessel recently ran aground in the Suez Canal, blocking one of the world’s busiest trade routes connecting Europe and Asia  causing a logjam of hundreds of cargo shipsRoughly $9.6 billion worth of goods pass through the canal every day, according to a recent AP article citing an estimate from shipping journal, Lloyd’s List.  

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  4. What Does a Collaborative Advantage Mean?

    What Does a Collaborative Advantage Mean?

    Partnering with a company is very much like a courtship. You meet, discover commonalities, determine compatibility, mutual interests, and finally, form a partnership. Knowing that a potential partner shares the same values and principles is pivotal to your company’s growth and success. You want to work together to bring out the best in each other.

    That’s essentially the idea behind a “collaborative advantage” – working together to make a difference and position each company for success. Area51 Electronics understands the value of offering the Collaborative Advantage.

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  5. Biden Signs Order to Strengthen Supply Chain and Supercharge U.S. Semiconductor Production

    Biden Signs Order to Strengthen Supply Chain and Supercharge U.S. Semiconductor Production

    Who knew that such a tiny chip could make a huge difference? President Joe Biden knows. Holding a semiconductor chip in his hand during a recent press conference, the President marveled at how something so little could have such a big impact on businesses and the economy.  

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  6. What Does Suspect Counterfeit Mean?

    What Does Suspect Counterfeit Mean?

    You’ve just acquired an electronic chip. At first glance, it looks like the real deal. But to the properly trained eye, there is something off with the product. The fonts are different, the surface looks like it was coated with polymer, and the wiring is inconsistent. Chances are you’ve acquired a suspect counterfeit part.

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  7. Finding the One: 4 Things to Look for When Selecting a Distributor

    Finding the One: 4 Things to Look for When Selecting a Distributor

    The New Year is here. But it’s never too late to build up your inventory, given the recent pandemic-driven component shortages. Finding the right distributor for your business is critical to building long-term resilience and success. With so many options and choices – from authorized to independent electronic part distributors – the decision can be a tough one. 

    When narrowing your search, it’s important to keep in mind that the relationship you have with your distributor should be symbiotic – one where your principles and values are shared and supported. This will create a stress-free, productive and profitable environment, and ultimately help your business thrive. 

    So what qualities should you look for when selecting a distributor? Here are the top four qualities to look for. 

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