The Source

“What if my manufacturing supplier suddenly closes shop?” Because of COVID-19, product manufacturers have quickly realized how the virus has exposed weak links in the global supply chain. During and after the virus has run its course, many of you will likely see suppliers who will not survive....

In the first part of this article series, “Are You Sure Your Supplier is Financial Stable and Healthy?” we talked about ways to evaluate your suppliers to ensure they are financially sound and will be there when you need them. The information provides OEMs with a relevant checklist of items ...

Things are different today compared to the start of this year. Before COVID-19, OEM design engineers, and the purchasing people who support them, mostly focused on getting the lowest piece-part price from their suppliers. Rightfully so. It’s their job. The designers and buyers may consider it ...