Procurement

For professional buyers, purchasing electronic components online offers several benefits not available through traditional supply chain channels. But only if they engage with the world of e-commerce in a way that addresses their business.

A digital BOM management tool is imperative for success within the electronic component industry. Here are 5 things any good BOM tool should possess.

A bill of materials (BOM) is not just a grocery list of components to buy. A good BOM helps procurement teams improve efficiency and performance.

What is BOM scrubbing and why is it necessary for electronic component procurement

Smart BOM management tools give OEMs, CMs, ODMs, and more the competitive edge to tackle chip shortages and gluts with ease. Here's how:

Quotengine's ready to take BOM management to the next level.

Given the unprecedented instability of the current semiconductor industry, OEMs, CMs, and EMS providers need new solutions to overcome their procurement challenges. Sourcengine, an electronic components-centric enterprise marketplace, can help.

Let’s take a look at the basics behind wireless technology, some recent trends in wireless technology and associated electronic parts, and immediate and long-term growth prospects, along with how this rapidly emerging technology will continue to impact electronic components procurement.

The U.S.-China trade war, COVID-19, and the global chip shortage introduced major changes to the electronic components supply chain. The shifts brought about by recent events will create a very different semiconductor ecosystem by 2030.

Research firm Gartner, along with several top semiconductor industry executives, believe the global chip shortage will extend into 2022. However, the group also provided OEMs with three tips on how to endure the bottleneck.