Sponsor: Supplyframe

We’re in a major component shortage. The electronics industry is currently experiencing the most extreme component scarcity in over a decade. Lead times on passive components products have drastically increased as a result, with some suppliers quoting as far out as mid-next year. The shortage and its impact is so widespread that the Electronic Components Supply Network (ECSN) is urging electronics buyers to “review their outlook on lead times for components amid surging global demand and reports of allocation risks on certain products.”

This is a long-term sourcing challenge that industry analysts see lasting beyond the new year. Many organizations have responded to the supply deficit by double- and triple ordering components, but this has only aggravated the problem further. Suppliers are starting to allocate their inventory, resulting in massive lead times and increased prices.

Download this Whitepaper to learn how your business can circumvent these challenges.

We’re in a major component shortage. The electronics industry is currently experiencing the most extreme component scarcity in over a decade. Lead times on passive components products have drastically increased as a result, with some suppliers quoting as far out as mid-next year. The shortage and its impact is so widespread that the Electronic Components Supply Network (ECSN) is urging electronics buyers to “review their outlook on lead times for components amid surging global demand and reports of allocation risks on certain products.”

This is a long-term sourcing challenge that industry analysts see lasting beyond the new year. Many organizations have responded to the supply deficit by double- and triple ordering components, but this has only aggravated the problem further. Suppliers are starting to allocate their inventory, resulting in massive lead times and increased prices.

Download this Whitepaper to learn how your business can circumvent these challenges.

Making the right sourcing decisions can be vital to the success of any hardware project. Data Science provides the key to better decision making and now helps thousands of companies build better products.

In the last 2 years, cloud-based RFQ Management apps like Quotefx became a critical part of every modern buyer organizations quoting toolset. Electronics Manufacturing Service (EMS) providers worldwide embrace these lightweight, zero-software-to-install online platforms and yield outstanding results to the tune of 50% reduction in quote turn-around time and 15% material cost reduction. In addition, because Quotefx is part of Supplyframe’s electronics industry sourcing ecosystem, the solution has direct access to 41 billion product and form-fit data-points giving unparalleled access to actionable component sourcing insights that help evaluate pricing, obsolescence, and component sourcing risk across 1000’s of suppliers.

So what is Quotefx and how can it help me? Great question. Quotefx is a cloud-based, electronic component sourcing platform that enables your purchasing department to automate your RFQ workflow delivering reduced material costs and improve quote turn-around times from weeks to days.

Sign up below to access your limited time free trial. Our team will reach out to you within 48 hours to answer any of your questions and give you a quick product tour.

There is a very strong, historical connection between the electronics manufacturing industry and Microsoft Excel. But the industry is shifting towards a new generation of BOM management tools, and sticking to Excel may hurt your organization's competitivity.

What You'll Learn

The goal of this paper is to demonstrate how the use of a BOM Management tool can not only patch the deficiencies of Excel in that regard, but also improve the efficiency of the quoting process within an organization, while bringing associated costs down by providing accurate information and reducing error rates.

For any organization operating in the electronics manufacturing ecosystem, efficient BOM management is key to productivity. Excel became a limiting factor in that regard and you'll discover how the new generation of tools can help you stay ahead of the competition.