Chip supply chain management countermeasures: building a resilient supply chain is the key!  

Under the influence of the COVID-19, the chip industry once suffered a heavy blow. Due to the interruption of chip supply chain, the global auto industry lost tens of billions of sales in 2021 due to chip shortage. Also during the epidemic, from the supply chain management of chip design companies, the supply chain management of chip OEM to the supply chain management of imported chips, the delivery cycle of subcontractors in different links of the entire chip supply chain has changed almost every day. For example, the cycle of chip manufacturing has been extended by one time, which will directly affect the time planning of subsequent sealing tests. In the face of such emergencies, it is theoretically impossible to catch up with the scheduled delivery period. In this regard, many chip enterprise supply chain managers are at a loss, let alone sleep chip supply chain performance management. In the face of a series of external uncertainty risks, the uncertainty of the huge supply chain network, and of course, some internal management bottlenecks. In the chip field, from the supply chain management of chip design companies, the supply chain management of chip OEM, and the supply chain management of imported chips, we are actively thinking about the supply chain management countermeasures of new products, and strive to reduce the risk of chip supply chain management. In this issue, ACLOUDEAR, a digital expert in chip supply chain management, has brought you a suggestion on chip supply chain management, that is, building a resilient supply chain is the key!  

What are the impacts on chip supply chain management?  

The chip supply chain is very special. From IC design, wafer manufacturing to packaging testing, the chain is very long and involves many links. In this process, not only need to connect with all suppliers on the supply chain network, but also need to reserve more suppliers to prevent sudden problems such as supply chain interruption. Nowadays, the management of chip supply chain is difficult to become the consensus of the managers of the entire chip industry

How to solve the problem of chip supply chain management? How to seek supply chain management countermeasures? We might as well look at the factors from which our chip supply chain is vulnerable through McKinsey’s one-page report.  

Our chip supply chain management should not only face the impact of the epidemic, but also face large-scale network attacks and earth material events, high temperature weather, floods and even trade disputes. Of course, all these are external problems. In fact, our chip supply chain managers must also face a series of problems such as complex supply chain networks, increased demand uncertainty, increased risk, sustainability challenges, and of course, many factors such as internal chip supply chain performance management. After understanding the impact, let’s listen to the experts’ suggestions on chip supply chain management.  

Countermeasures and suggestions for chip supply chain management: build a resilient supply chain

In the face of various uncertainties inside and outside, chip supply chain management experts put forward their own chip supply chain management countermeasures for chip supply chain management. No matter the supply chain management of chip design companies, or the supply chain management of chip OEM, or the supply chain management of imported chips, in the supply chain management of chip enterprises, it is necessary to establish a flexible supply chain to improve speed and flexibility in order to cope with more uncertainty and the risk of supply chain interruption.  

With the chip supply chain management strategy of “building a resilient supply chain”, how do we build our chip enterprises? In fact, it is necessary to establish an end-to-end supply chain transformation and create a responsive process and customer-centric supply chain to achieve a resilient supply chain. In this regard, we need to grasp the four core elements of flexible supply chain: agility, connectivity, productivity and sustainability.  

Supply chain management of leading chip enterprises

When more and more chip enterprises have entered the digital supply chain management, they have realized the flexible supply chain to meet the current and future chip supply chain management. They often rely on leading digital solutions, such as SAP digital supply chain. Build an end-to-end supply chain transition for chip enterprise supply chain management, and realize a responsive process and customer-centric supply chain. Let’s see what practical value they bring to our chip enterprise supply chain management.  

In fact, the leading chip enterprises do not face the supply chain management of chip enterprises alone, but use advanced management concepts to achieve end-to-end flexible supply chain from design to operation and maintenance, achieve efficient coordination between internal and external, achieve flexibility and agility, and thus leave competitors behind.  

The above is just one of our main countermeasures for chip supply chain management. In fact, whether you are a chip design company, or a chip production and sales company, you must pay attention to the chip supply chain management countermeasures and suggestions brought by experts. For the enterprise: supply chain management of chip design companies, supply chain management of chip OEM, and supply chain management of imported chips, we must pay attention to the application of digital technology, Improve chip supply chain performance management. For more solutions on the chip supply chain, click the following link to obtain: chip semiconductor industry solutions（https://acloudear.com/industry/ic-solution/）, chip semiconductor enterprise digital transformation white paper（https://acloudear.com/ic/）.

This article "Chip supply chain management countermeasures: building a resilient supply chain is the key!  " by AcloudEAR. We focus on business applications such as cloud ERP.

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