Circumventing Price Gouging and Long Lead Times
The Supply Chain serving the Electronic Market has always been a challenge but never as much as we experienced during the Covid era. In the 2020 time, the industry was hit with severe lead times (up to 1 year plus) and unprecedented unit price increases. These conditions were due to a myriad of factors due to the market supply/demand as well as nefarious activities creating component shortages to raise prices in the 20 X range or more. Although the component market is now back to normalcy the shock of the conditions causing havoc to both large and small OEMs remains in view.