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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
The IPC Hall of Fame and Its Namesake
10/23/2024 | Dan Feinberg, I-Connect007IPC has been advancing our industry since the organization was founded more than 60 years ago, but it could not have been done without the volunteer efforts of so many members. Each year, some of those members are recognized for their significant contributions through awards such as the Rising Star Award, the Dieter Bergman Fellowship Award, the President's Award, and the Corporate Recognition Award.
Master Market Researcher: Dieter Weiss's Data Research Informs European Manufacturing
10/21/2024 | Sanjay Huprikar, IPCDieter Weiss, Weiss Engineer/in4ma, has worked in the electronics industry in Germany, the United States, and the Republic of Ireland for 46 years. After a successful entrepreneurial career, he decided to give something back to the industry and started market research of the European EMS industry under the brand in4ma.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
10/18/2024 | Nolan Johnson, SMT007 MagazineOccasionally, I’ll intentionally select items for this list that follow a theme. Sometimes, as they did this week, themes assert themselves. The component supply chain and sourcing seem to dominate our coverage this week. We’ve got an update from IPC Government Relations, an interview with counterfeiting watchdog ERAI, the 10 global sourcing rules, a course on AI and machine learning in the EMS sector, and warehouse management.
TRI Launches High-Speed 3D AXI for Semiconductor Applications
10/18/2024 | TRITest Research, Inc. (TRI), the leading provider of test and inspection systems for the electronics manufacturing industry, proudly announces the release of the high-throughput 3D SEMI CT AXI TR7600 SIII Plus, specifically designed for high-reliability electronics manufacturing, including the Semiconductor and Advanced Packaging industries.
The Government Circuit: Support for Defense Spending Takes Top Priority
10/15/2024 | Chris Mitchell -- Column: The Government CircuitFor those of us living in the world of politics and policy, the final few weeks before a major election are a little nerve-wracking. Who is going to win? How might the candidates’ campaign promises affect our industry and our strategies over the next few years? One thing I do know: No matter who wins the White House and control of Congress on Nov. 5, IPC will continue working with members of both major parties to advance policies that boost innovation, investment, and growth and ensure the electronics manufacturing industry’s long-term success. We must.