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Fortifying EMS Leaders
March 21, 2023 | Tracy Riggan, IPCEstimated reading time: 1 minute
[Editor’s Note: The April 2023 issue of SMT007 Magazine will feature additional content from the EMS Leadership Summit, the subject of this article.]
The EMS Leadership Summit at IPC APEX EXPO 2023 welcomed over 60 EMS provider and contract manufacturing professionals, many of whom were first-time attendees, with a compelling agenda that provided an opportunity to discuss and solve business problems, build business networks, and share insights about how to do business better.
Steve Pudles, CEO of Zentech and IPC Board Member, set the expectation for the day by encouraging attendees to take full advantage of everything the summit had to offer by immediately bringing helpful resources and ideas back to their teams and by making new contacts with whom they could continue sharing insights into doing business better—which by all reports was a success.
The most popular session was the supply chain panel featuring Eddie Smith of SMTC, Michael Slater of Digi-Key, John Vaughan of Summit Interconnect, and Chintan Sutaria of CalcuQuote. The panel’s dynamic discussion built on the Economic Outlook presented by Shawn DuBravac, IPC chief economist. Electronics manufacturers could expect “headwinds and tailwinds” to impact them in the coming year, DuBravac told listeners, as well as flat to modest growth in the U.S. and flat to down growth in Europe. While the forecast in Asia is still shrouded in uncertainty, DuBravac said that prospects there are looking better following China’s decision to relax its Zero-COVID policy.
One key message was to expect lead times to normalize sometime over summer 2023, though this will not be a return to pre-pandemic norms; these new, longer lead times will benefit industry by allowing for longer planning times and new methods for building products, a development that was influenced by growth in the electrification, automotive, smart power, and edge computing sectors. Additionally, this normalization will see customers pushing back on deposit agreements and other terms negotiated during the recent supply chain crunch.
To read this entire article, which appeared in the 2023 edition of Show & Tell Magazine, click here.
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/17/2024 | Andy Shaughnessy, Design007 MagazineThis week, trade shows are at the top of our feed, with our coverage of the Del Mar Electronics and Manufacturing Show and IPC APEX EXPO. These two longtime events are almost polar opposites in size and scope, but Del Mar seems to be expanding from its roots as a “neighborhood gathering” with its move into the Del Mar Fairgrounds. The Del Mar show always has a good “buzz factor,” which is something you can’t buy.
IPC APEX EXPO: Some Thoughts About Growth
05/16/2024 | Dan Feinberg, I-Connect007After two and a half days of wandering the aisles at IPC APEX EXPO 2024, for the first time, I almost felt like I was exploring CES. There were so many booths and exhibits that I could describe, but I’d like to focus on the growth and huge value of this event, which has expanded well beyond just the growing and impressive exhibit show floor.
IPC Raymond E. Pritchard Hall of Fame Award: Pierre-Jean Albrieux
05/10/2024 | Marcy LaRont, PCB007 MagazineCongratulations to Pierre-Jean Albrieux, who received the 2024 IPC Raymond E. Pritchard Hall of Fame Award. The award is given to individuals in recognition of the highest level of achievement, extraordinary contributions, and distinguished service to IPC and toward the advancement of the industry, including helping to create a spirit of mutual esteem, respect, and recognition among members consistent with the goals and mission of IPC.
IPC Focuses on Education and Onboarding
05/09/2024 | Andy Shaughnessy, Design007 MagazineI recently spoke with Carlos Plaza, senior director of education for IPC, about expanding educational efforts in the PCB design, fabrication, and assembly segments. As Carlos explains, PCB design is a hot topic, but onboarding may be the hottest one of all.
Real Time with… IPC APEX EXPO 2024: Industry Growth, Challenges, and Technological Advancements
05/09/2024 | Real Time with...IPC APEX EXPOEditor Nolan Johnson and Shawn DuBravac, IPC chief economist, dive into key industry topics such as growth, challenges, and technological advancements. They discuss shifts in the global competitive landscape, downstream demand, customization, and how AI is enhancing human skills. The industry outlook appears promising for both the short and long term.