The cost of disruption
No matter what sector of the industry you’re in – electronic component manufacturer, software company or high tech hardware manufacturer, you were facing challenges with your supply chain logistics and material availability as you strived to manage and incentivize a complex and evolving distribution channel. Chip makers and other manufacturers are raising prices in response to raw materials costs and supply constraints.
It’s almost easier to talk about products that aren’t affected by the chip shortage, and while the worst is behind us, the disruption will cause companies to suffer throughout 2023. The CHIPS Act will most certainly benefit the U.S. market and other countries that the makers will serve, but it will take considerable time to effect noticeable improvements. In the meantime, your revenue management team must be prepared to address a wide range of challenges that can impact your ability to: