GENERAL OVERVIEW The Omicron variant is likely to be another test of supply chain resilience and could pose a threat to global economic recovery, particularly if China enforces its ‘zero-COVID’ policy, to prevent cases entering. We are currently facing lead times of up to 52 weeks. It is predicted that the raw material costs will rise again in the
GENERAL OVERVIEW We are currently facing lead times of up to 52 weeks after tariffs were imposed on imported Chinese goods and a number of factories were temporarily shut down due to the new Covid-19 variant. Further price surges are expected across the whole portfolio as the demand continues to grow. Due to the on going low raw
GENERAL OVERVIEW China is expected to double down on its ‘zero-COVID’ policy that may cause further disruptions across the supply chain as the new Covid-19 variant is spreading across the globe. This may result in mass lockdowns of entire cities, enforced quarantines, as well as strict checks at ports, including monitoring ships and cargo, and cause potential longer lead times.
GENERAL OVERVIEW The pandemic continues to be a disrupting factor throughout all elements of the supply chain, including in the components market. The growth of technologies like 5G and artificial intelligence continue to drive demand in consumer electronics, automotive, healthcare devices, industrial and energy products. This is causing extreme long lead times of up to 52 weeks. China’s recent