Shift Left Together- A Response To The Supply Chain Threats: April, 2023
Supplyframe
Supplyframe is the leading provider of Design-to-Source Intelligence for the global electronics value chain.
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Meet us at Gartner Orlando, 2023?
Supplyframe is participating in the 2023 Gartner? Supply Chain Symposium | Xpo? in Orlando, FL from May 8-10!
Visit our team of experts at booth #212 any time, and be sure to join us for a panel discussion titled “Shift Left: Better Sourcing Outcomes Start at the Point of Design” to hear from supply chain and procurement industry leaders. The panel will be held on May 9th at 3:00pm at the Swan Ballroom 10.
The 2023 Forrester Product Lifecycle Management (PLM) report?
The 2023 Forrester Product Lifecycle Management (PLM) report was released earlier this year, and provided a comprehensive understanding of the world’s top ten discrete manufacturing companies. The report focused on how these companies innovate collaboratively and rapidly, and improve new product success rates.
We are proud to announce that our parent company, Siemens Digital Industries Software PLM, was ranked first in Product Lifecycle Management for Discrete Manufacturers. Learn more about the report and the importance of PLM.
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Mid Quarterly Update:
Stay ahead of the curve with Supplyframe Commodity IQ. Improve your sourcing decisions through always-on commodity intelligence on market dynamics, pricing, and lead time analysis. To learn more, check out the Commodity IQ Mid-Quarter Summary.
Where Will High-Tech Manufacturers Get Their Semiconductors?
China expects to increase its production of chips and other materials by 70% by 2025. This goal, part of the Made In China 2025 Plan, reflects the country’s increasing share in the global semiconductor market.
However, while China’s emergence in the semiconductor industry is often portrayed as a major supply chain threat, these claims don’t exactly match up with the reality of the industry. Learn more about the future of semiconductor production and read insights from Supplyframe’s CMO Richard Barnett.
Industry Roundup:
?? This week, the EU parliament reached agreement on its European Chips Act, a new €43 billion initiative that will direct funding towards both public and private investments to bolster the region’s semiconductor supply and help achieve self-sufficiency. The act is designed to help the EU compete with the US and Asia, particularly following the US’s passage of its own similar CHIPS Act in 2022.
?? During its Q1 update, GM announced that profits decreased by 18.5% year-over-year. While sales in the US grew by 18%, China sales dropped 25%. This reflects an emerging trend of Western automakers struggling to catch up as Chinese consumers increasingly turn towards EV's which are largely made by Chinese manufacturers.