The EPSNews Electronics Purchasing And The Supply Chain is reporting that obsolescence, mergers and acquisitions and an unexpected increase in demand for electronic components is causing component shortages up and down the supply chain.
As the supply of electronic components swings from too much inventory to extended lead times and ever increasing part obsolescence, distributors are reporting long lead times increasing across multiple products categories including: memory, discretes, IGBT, logic, optos, LEDs, MCUs, and mosfets.
“Demand is starting to outpace supply which is causing pressure on pricing and extending lead times” says, Dana Jiron, President and CEO of Inland Empire Components, Inc. “We’re advising our customers to consider last time buys now to avoid the high cost of circuit board redesigns”.
It is recommended that buyers and engineers have a conversation with their suppliers regarding capacity, lead times and product End-of-Life (EOL) and Product Change Notices (PCN) to determine the best actions to take to avoid emergency shortages.
Inland Empire Components, Inc.