Amid chip shortage, focus shifts to assurance of supply

The ongoing chip shortage has caused a major disruption in the electronics industry, with many companies struggling to secure the necessary components for their products. The situation has led to delays and increased costs for businesses and has highlighted the importance of supply chain resiliency.


Avnet, a leading global technology solutions provider, is working to help customers navigate the chip shortage and achieve supply chain resiliency. The company offers a wide range of services, from standard fulfillment and inventory management programs to more sophisticated supply-chain-as-a-service models.


Dave Paulson, leader of Avnet United and Velocity teams, explains that Avnet's goal is to provide customers with the assurance of supply, the agility to move that supply around the world, and the visibility into the supply chain needed to make informed decisions. "We understand the importance of supply chain execution in today's volatile market and are working closely with our customers to help them achieve their goals," says Paulson.


Avnet's services are tailored to the specific needs and requirements of its customers, ensuring that they receive the support they need to overcome the challenges posed by the chip shortage. The company has a wide network of suppliers, allowing it to source components from multiple locations and mitigate the risk of supply disruptions.


Furthermore, Avnet's supply chain management solutions provide customers with real-time visibility into their inventory levels, enabling them to quickly identify and address potential shortages. This allows businesses to plan and make informed decisions, ensuring that they can continue to operate smoothly and meet the demands of their customers.


The chip shortage has highlighted the importance of supply chain resiliency, and Avnet is working to help customers overcome this challenge. With its wide range of services and extensive network of suppliers, the company is well-positioned to support businesses as they navigate the volatility of the electronics industry.

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