Among the year-end business and economic traditions are surveys and forecasts and this week Smith's (short!) Global Supply Chain Survey 2013 was released. We would greatly appreciate your voice being added to the many who respond. In return, we'll share the results and explain the insights, trends, and data that help to understand the directions in which our dynamic supply chain moves. The survey will be conducted over the coming several weeks, and one survey participant will be randomly selected to receive an iPad Mini as a thank you for participating.
Survey focus and goals
Smith is continuing its inquiry into the issues, events, and ever-changing demands on the global supply chain that supports the semiconductor and electronics industry. Our survey directly targets our industry's core sectors, from Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs), Contract Manufacturers (CM), Electronics Manufacturing Services (EMS) providers, to distributors and others. Our concise and focused questions should only take 10-15 minutes to complete, yet will provide rich data that can be shared when analyzed. The survey focuses on top industry challenges faced by respondents; issues including competitive device cycles, inventory management, supply chain services, counterfeiting, regulatory changes, reverse logistics, e-Waste, among other topics.
Last year's survey findings underscored the importance of economic fluctuations, demand fluctuation, supplier consolidation, margin pressures, and inventory management. The recorded concerns last year varied based on respondents' company type. More specifically, economic fluctuations ranked highest for EMS, Distributors, and CMs, while demand fluctuations ranked highest for OEMs and ODMs, and only slightly less than economic fluctuations for EMS. Another important topic, the survey asked respondents to rank a similar list of global supply chain challenges likely to pose the greatest concern during 2013. The top ranked concerns were demand fluctuation, supplier consolidation, and margin pressures and inventory management. More details regarding last year's results can be found in the Smith State of the Supply Chain Report and/or the Top Concerns Infographic which digests the findings into a compact format.
"The supply chain isn't static, and so our awareness of it can't be static, either," said Mark Bollinger, Smith & Associates' Vice President of Marketing. "With conditions, technologies, and challenges in our industry constantly evolving, it's absolutely vital for anyone involved in the supply chain to be in tune with the most current developments. This is the primary reason Smith conducts our yearly Global Supply Chain Survey: through our findings, we hope to be able to better understand the market experiences and needs of current and potential customers, while also sharing key perspectives and knowledge with the supply chain as a whole."
Add your voice!
We would like to encourage your participation in our quick and easy survey, updated this year to more carefully explore the relationships between events and viewpoints based on industry sector and positions of the respondents. The more participation from you, the richer the results we will have to share with you and help you gain real insight into our complex and ever-changing global supply chain.
Here's hoping you win the iPad Mini!