The eldest among us remember the terrible allocations that hurt our industry in the years 1999/2000.
The today’s shortages are much worse; they also will last much longer since absolutely every sector of activity has been impacted by the pandemic. We have now shortages of raw materials that we took forever granted, like, steel, plastic, copper and else. The lack of vessels and planes are causing delays in the shipping, and the transport costs are raising week after week.
Most of the major manufacturers have warned about the upcoming allocation, with lead times going up to 70 weeks on some products.
This situation is not sustainable for everyone, in nowadays business more than ever, time matters and no one can afford waiting for months to start or continue a production, or to buy their components at outrageous prices. Therefore the need to identify and validate alternative brands such as K2 Electronics, who can deliver on a shorter lead time.
This solution is indeed the best bet in a world where, using this original AVX capacitor or that exact STM32 could become way too costly, because of the scarcity of stocks. Sourcing from the market has indeed its limits, not mentioning the increasing risk of stumbling on fake or substandard stocks sold at gold price (and therefore the additional precaution to have everything tested by independent laboratories..)
For those reasons, more often than before, thanks to our Partners, we’ve been successfully offering high quality crosses and second-sources for a growing range of products. With second sources, our customers have the warranty of a long-term and cost effective solutions, at constant quality.
However the crucial point at all times, remains a solid planning and forecast to insure constant deliveries, quality and price. Booking early is essential to avoid disruptions and delays, especially in our actual market
At Yorvik Electronics, we can help you secure your schedule and make sure you’re delivered on time.