
Issues with Supply Chain on Electronic Components
The supply chain for electronic components worldwide has been struggling with shortages, marked-up prices on raw materials, and even counterfeit products. The COVID pandemic revealed weaknesses within the supply chain and caused critical components to undergo delays in production and heightened prices. Trade restrictions paired with geopolitical tensions have impacted the availability of semiconductors, causing various industries to face setbacks. Counterfeit components pose another serious threat. These can greatly affect the safety and performance of electronic devices. Businesses need to verify their suppliers to maintain consistency and reliability. Companies are now able to digitally manage and track their supply chain efficiently through blockchain authentication systems and AI-driven demand forecasting using predictive analytics. Suppliers Sansadhan provide a reliable platform for manufacturers, retailers, and service providers by connecting them to verified suppliers from whom they can procure authentic electronic components in bulk, devoid of counterfeits.of Electronics Components: Innovations and Sustainability