Wednesday, May 12, 2021
It started with toilet paper. But over the last year we’ve had our everyday lives repeatedly disrupted by supply chain shortages in grocery stores, home improvement stores, etc. In industry, supply chain professionals are always working to ensure there aren’t material shortages for manufacturing.
This last year has been unprecedented and instead of monitoring a handful of parts on a bill of materials; they are finding they need to monitor most of the components in the design AND the raw materials for the enclosures. One day there are no shortages in the market, the next day multiple components have no inventory and leads times are over 16 weeks.
Launching a product is difficult enough, but how do you do that amid a pandemic when material lead times in cost seem to be continually increasing? This panel of supply chain professionals and local manufacturers will be discussing what they’ve seen in the last year and how they’ve been able to navigate the rough waters. The tips and tricks they’ll discuss will be useful not only amid a pandemic, but after the global crisis is over.
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