Supply Сhain

The global economy depends heavily on the efficiency and resilience of supply chains. From everyday consumer products to critical medical supplies, the ability to coordinate complex networks of suppliers, manufacturers, distributors, and retailers is paramount. Supply chain management (SCM) is the discipline that governs these networks, ensuring that materials and products move smoothly from origin to consumption. The COVID-19 pandemic exposed vulnerabilities in supply chains worldwide. Lockdowns, travel restrictions, and fluctuating consumer demands disrupted manufacturing and logistics at unprecedented levels. These challenges brought SCM to the forefront, emphasizing its crucial…

In recent years, the global supply chain has been grappling with an unprecedented crisis: a significant shortage of semiconductor chips. These tiny components, fundamental to virtually every modern electronic device, have become scarce, triggering widespread disruptions across multiple industries. From smartphones to automobiles, and even household appliances, the ripple effects of this shortage have made their way into our everyday lives, affecting product availability, pricing, and production schedules worldwide. Rising Demand for Smart Electronics Drives Chip Consumption The demand for smart electronic devices has shown remarkable resilience and growth, even…