Industry News | 2022-05-05 17:23:28.0
Per IPC's May Global Sentiment of the Electronics Supply Chain Report, nine in ten electronics manufacturers surveyed are currently experiencing rising material costs, while nearly four-fifths are experiencing rising labor costs. Supporting data from IPC's May Economic Report, indicate there are three main forces exerting pressure on the economy, and conversely, the electronics manufacturing industry: Russia's invasion of Ukraine, inflationary pressures pushing costs higher, and China's strict COVID policy that is hindering production in China and compounding existing supply chain issues.
Industry News | 2016-05-18 12:04:56.0
Due to the new regulations and reform in the US, UK, EU, and APAC, supply chain due diligence and corporate responsibility are necessities for corporations. Companies are currently re-working their conflict minerals management programs in order to efficiently address SEC expectations. Enhancing smelter data and verification processes has become a major focus for both filing and non-filing companies responding to customer requests.
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