The global SEMI Supply Chain Management (SCM) Initiative leverages SEMI’s broad and deep industry reach to unite member companies from every sub-segment of the electronics ecosystem to collectively identify and address pressing supply chain challenges.
Why do we need a SEMI Supply Chain Initiative?
Semiconductors have become ubiquitous in recent years, touching all aspects of everyday life. Demand has expanded from traditional applications for PCs and mobile phones to include automobiles, medical devices and other connected applications. Increasingly volatile geopolitical dynamics and a multitude of other factors have posed severe challenges to the global electronics supply chain. Disruptions accelerated in magnitude and frequency, exposing the inherent vulnerabilities and interdependencies of multi-tier, global supplier relationships. Disruptors include:
- Supply interruption and defaults
- Lack of visibility and procurement risks
- More frequent natural disasters
- Cybersecurity threats
- Talent shortage
