Consumer Goods Manufacturing Plant

Back then, the world ran on oil—and any change in supply had a massive impact on demand. When OPEC embargoed the U.S. in the 1970s, the price of crude rose from about $3 a barrel at the beginning of the decade to $13 a barrel by its end…

Aug 26 (Reuters) – Murata Manufacturing Co Ltd (6981.T) will temporarily close a plant in Japan that makes a key electronic component of smart phones, computers and cars, among other products, to fight a COVID-19 outbreak there, a company official said on Thursday…

Dive Brief:

Multiple automakers have adjusted their supplier relationships and boosted transparency in the face of a semiconductor shortage that’s hampered production for months. But these steps haven’t been enough to hold off production stoppages..

There’s no doubt that the pandemic has had an extraordinary impact on the semiconductor industry. Still, it’s important to remember that this disruptive event actually amplified existing issues. Long before news about the current chip shortages hit the headlines..

Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers..

Tradeshift’s data show that order volume from manufacturers has grown to more than double the first quarter of 2020 as of June, increasing nearly 138%. But invoices have not kept pace…

Total North American PCB shipments in June 2021 were up 6.3% compared to the same month last year. Compared to the preceding month, June shipments grew 17.3%.

PCB bookings in June rose 19.4% year-over-year. Bookings in June increased 28.9% from the previous month…

The computer and electronics industry fueled U.S. manufacturing expansion in June but continues to struggle with shortages, price hikes and logistics bottlenecks, procurement managers told the Institute for Supply Management (ISM)…