The global shortage of microchips has had a devastating impact on multiple industries, not least automotive manufacturers, who are expected to have lost some $210 billion in 2021 because they couldn’t get enough chips to drive the systems in their vehicles. But how did we get to this state of affairs? Could it have been avoided? Did manufacturers make some crucial missteps? Were just-in-time strategies for minimizing inventories to blame? On this episode, we get explanations from Frank Cavallaro, chief executive officer of A2 Global. He’ll lay out the many factors that caused the shortages and, most importantly, the lessons learned that might help manufacturers avoid a repeat of this mess in future. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
A blog post from A2 Global on “5 Ways to Overcome Stretched Electronic Component Lead Times.”
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