The pandemic caused by Covid-19 has impacted many electronic companies to shut down. We know that when the supply chain of a certain product or system breaks, the outcome affects the whole system immensely. PCB manufacturers also faced chip shortage problems at a global level.
The Problems Rising
Due to covid-19, the demand for electrical components depending on ICs has increased as they are irreplaceable, unlike other components such as fuses, capacitors, diodes, etc. Similarly, the availability of other electrical equipment has lessened.
This results in the increased price of the available products due to extensive demand, and the speed of manufacture is slowed down.
When the electrical components are not available, the projects shut down.
The Solutions
Here are some solutions to solve the problems :
1- Planning Ahead:
When your idea is planned to be produced, make sure to let the manufacturers know about the required equipment and stay safe for the future.Having a flexible pcb design may help more to comply this situation
2- Backing up for the Future:
When you have planned for your idea to get into the market, make sure you stock up on the equipment or the tools needed. This way, if an event such as Covid-19 took place and the market was short on supplies, it wouldn’t be a problem for your startup.
3- Multiple Suppliers:
Depending on one supplier can put a lot at risk. Sometimes they get better clients or fail to manufacture the equipment in the given time. It is important to consult with multiple vendors.
4- Keeping the Options Open:
Before launching a company, make sure you have multiple plans for your product that you can rely on when the first one fails. In business, it is always important to be backed up.
Conclusion
A business challenges you in many different ways. You never know when events like a pandemic can cause the breakage of the supply chain and decrease the flow of production of designs. It is always best to be prepared before starting a PCB manufacturing service.
