While Covid-19 destroyed countless businesses and knocked entire industries off their feet, others enjoyed unprecedented growth.
The closing of air traffic, restaurants, and most of the entertainment industry freed up a budget that was directed towards other areas such as consumer electronics, telecom, and home entertainment.
The medical devices industry naturally did well during this period, and the automotive industry is now back at full speed.
While electronic components are in extremely high demand, supply chains struggle to catch up due to interruptions in manufacturing and transportation during the pandemic.
Even the most resilient companies worldwide are fighting over components, sourcing for new distributors, paying excessive prices, and are still forced to stop entire production lines or delay product launches due to shortages.
iKido supports OEM and EMS companies in facing this perfect storm, helping them choose the right components and find suitable sources with its supply chain insights platform.
Please write to us at firstname.lastname@example.org to learn more or schedule a short demo.