From Lean to Agile: Learning from the Electronic Supply Chain Veterans 

As many industries, including automotive and consumer electronics, move toward product interconnectivity—which increasingly requires a significant number of semiconductors—companies are being forced to rethink their supply chains to adapt to a constantly evolving market. Consumer-appliance OEMs, for example, are experts at making washing machines, refrigerators and ovens; however, integrating semiconductors for connectivity introduces an entirely new challenge. Those that are used to working closely with the semiconductor supply chain, such as in the fast-paced world of smartphones, understand the need to be agile. These companies are able to adjust quickly in the face of unexpected disruptions and often keep chip availability top of mind when designing products, which has given them a distinct advantage in the ongoing chip shortage. The good news for less agile companies is that there are still opportunities to learn and thrive in this sphere.

Source: From Lean to Agile: Learning from the Electronic Supply Chain Veterans | Source Today