Reading time ( words)
Per IPC’s September Global Sentiment of the Electronics Supply Chain Report 81 percent of electronics manufacturers are currently experiencing rising material costs while 74 percent indicate labor costs are on the rise. At the same time, ease of recruitment, profit margins and inventory available from suppliers are presenting declining.
Among other data, survey results show:
- Demand, while still positive, is showing some signs of a slowdown
- Lead-times are improving but much of the electronics supply chain expects lead-times to decline in the coming months and the recovery appears to be unevenly distributed
- Inventory available from suppliers is expected to increase more among firms operating in APAC or globally than those in North America
- Over the next six months, manufacturers expect to see continued increase in both material and labor costs, although to a lesser extent than what they are currently experiencing, especially as it relates to material costs.
- On a positive note, manufacturers are anticipating a decline in backlogs over the next six months.
For the report, IPC surveyed hundreds of companies from around the world, including a wide range of company sizes representing the full electronics manufacturing value chain. View full report.
Share
Suggested Items
The EMS ‘State of the Union'
03/15/2023 |
Mark Laing, Siemens Digital Industries Software
We recently heard President Biden’s State of the Union address, and it got me thinking that perhaps now is a good time to look at our own post-pandemic “state of the union” in the electronics manufacturing services industry. I will describe several key issues that our customers around the world are facing as we move forward into a new normal.
I-Connect007 Releases Episode 2 in the Micro Webinar Series: ‘Smarter Manufacturing Enabled with Inspection Data’
03/15/2023 |
I-Connect007
Episode 2, “Understanding CFX and Hermes” from Koh Young’s new micro webinar series ‘Smarter Manufacturing Enabled with Inspection Data’ is available now.
Christina Trussell: The Sky’s the Limit
03/14/2023 |
Patty Goldman, I-Connect007
Christina Trussell is a harness design engineer at Blue Origin and a recipient of the IPC Rising Star Award. Since she was a young child, she wanted to fly through the skies. In this interview, she talks about her dreams and what it’s like to work in the electronics industry.
