Overcoming Electronic Component Supply Chain Disruptions with Spectra
July 21 2022 - 9:10AM
Business Wire
Nexar’s data intelligence products help
businesses mitigate risk
Getting products to market today has become a challenging
endeavor as supply chain channels grapple with constant disruptions
and routine delays. That’s why Nexar, a business unit of Altium
LLC, launched the Spectra suite of electronics industry data
intelligence. These offerings help businesses better anticipate
electronic component shortages, mitigate risks, and make smarter
procurement decisions. Spectra’s insights help businesses to not
only respond to current market conditions but also get products to
market ahead of the competition.
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the full release here:
https://www.businesswire.com/news/home/20220718005829/en/
Spectra is the only source of electronics
industry business intelligence that is combining end-to-end data
from the supply chain, design, and manufacturing sectors. Nexar's
unique position in the electronics industry provides a cohesive
view of the supply chain market conditions that is unrivaled by
competitors. For more information go to nexar.com/spectra.(Graphic:
Altium LLC)
Nexar’s unique industry position provides a broad view of the
electronics market. The Electronic Design to Delivery Index (EDDI)
is among Spectra’s inaugural tools. A free monthly report, EDDI
helps businesses identify trends by bringing together historical
data for millions of electronic components—two years' worth of
insights—delivering current global stock availability and how that
compares to a pre-pandemic baseline of January 2020.
EDDI consists of two parts: the Industry Supply Index, which
provides a view of inventory trends, and the Industry Demand Index,
which reveals how challenging it will be to source parts. Part
insights provided by EDDI are a valuable resource when making
crucial supply chain decisions such as component selection or
whether to pursue alternate parts. EDDI is an effective tool that
can be added to many workflows, including design and supply chain,
to proactively identify and address categories and components of
concern.
In the near future, Spectra will launch Supply Chain Resilience
(SCR), a custom bill of materials (BOM) analysis that utilizes
unique insights only available from Nexar to identify supply chain
risk and opportunity. Designers, Original Equipment Manufacturers
(OEMs), procurement specialists, and high-level executives can
avoid sourcing issues by using SCR’s in-depth data to identify
problematic parts and secure replacements to create a more
resilient BOM. This personalized report will help businesses
understand their supply chain risks on specific parts so they can
be proactive with sourcing rather than reactive to market
conditions.
Supply chain disruptions are the new normal for the electronics
industry for the foreseeable future. The data provided by the
Spectra suite helps businesses and industry professionals respond
more strategically to fluctuating market conditions. Spectra gives
a clear view into the current electronic component landscape,
enabling smarter decision-making when sourcing parts.
To learn more about Spectra’s suite of data intelligence
products, visit nexar.com/spectra.
LinkedIn: https://www.linkedin.com/showcase/74335609 Twitter:
https://twitter.com/NexarPlatform Instagram:
https://www.instagram.com/nexar.platform/ Facebook:
https://www.facebook.com/Nexar.Platform YouTube:
https://www.youtube.com/channel/UCjL-lgChXRQYmM-df0jq6XA
Nexar is a Business Unit of Altium, LLC (ASX:ALU). Altium, LLC,
is a global software company headquartered in San Diego,
California, who are accelerating the pace of innovation through
electronics. For over 30 years, Altium has been delivering software
that maximizes the productivity of PCB designers and electrical
engineers. From individual inventors to multinational corporations,
more PCB designers and engineers choose Altium software to design
and realize electronics-based products.
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version on businesswire.com: https://www.businesswire.com/news/home/20220718005829/en/
Xenia Moore Senior Manager of PR and Brand Communications
pr@altium.com
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