2021 is coming to an end, another year with challenges due to the ongoing pandemic, economics and supply chain disruptions. Looking into the coming year, there are three main trends we think will impact the industry.
- The ongoing electronic components supply chain will continue in 2022, and grapple with lead time delays, availability issues, and pricing fluctuations throughout the coming year.
Due to the impact from the pandemic, predominantly on manpower, raw material supplies and worldwide logistics, planning and prioritizing has been key this year. Having a reliable and experienced Printed Circuits supplier will help customers navigate through the various challenges of material availability and manufacturing priority.
- There will be more focus on export compliance, transparency and traceability in the supply chain. With a strong desire to reshore manufacturing capacity to improve supply chain security, not least in light of last years’ unprecedented global situation, governments and corporations have recognized the importance of protecting their local and independent manufacturing base to secure their future demands.
With increasing globalization, export control is on everyone’s lips. Efficient export controls are only possible on the basis of an intensified international and European co-operation.
- “China +” – a closer look at manufacturing bases. There will be a stronger desire for manufacturers to relocate or to set up new manufacturing bases in addition to China. Customers will have more priority to focus on sourcing and procuring from outside China, either in Asia or another manufacturing base nearer to themselves. Dual source approval would be one of the key factors to mitigate supply chain risk.