ECIA: Electronic Component Sellers Expect Sales Spike
ATLANTA – Industry sentiment for sales of electronic components rocketed upward in March, according to ECIA’s monthly survey. The survey, which assesses month-to-month sales growth sentiment, grew between 26 and 27 points in component and end-market measures from February to March.
The overall component average soared to 158 points in March, compared to 132 points in February.
“As participants in the electronic components supply chain know all too well, the jump in product demand has far outpaced the surge capacity of the supply base,” said Dale Ford, chief analyst, ECIA. “As a result, lead times have extended to such a degree that many companies are struggling to access adequate and timely supply to support demand from their customers. This effect is amplified by the bullwhip effect as increased demand in the end market is amplified up the supply chain as companies work to restock inventory and prepare for future growth.”
PCB EAST: The original East Coast technical conference and exhibition! Returning to the Boston suburbs in June 2021!
