04 Mar 2021

Electronic Components Lead Time Update

Company Updates

We are seeing component lead times increase across the electronics supply chain for a variety of reasons. Shutdowns due to coronavirus, delays in both air and ocean freight and shortages of certain components due to rising demand as the economy restarts (think toilet paper at the beginning of the pandemic here in the US) are all contributing factors to a tightening of the supply chain.

The combination of the above factors are already impacting lead times and costs. Both are trending up in some areas. Here is a link to a great article from Electronics Sourcing online magazine with more details about the current situation: https://electronics-sourcing.com/2020/12/03/buyers-may-face-rising-prices-and-longer-lead-times-in-2021/

From the article:
"Possible shutdowns of component production because of coronavirus, rising prices for copper and other metals and potential shortages of multilayer ceramic capacitors, power MOSFETs and other components are some of the supply chain challenges that electronics buyers say they will face in 2021."

TTI offers a Lead Time Trends dashboard where you can find details about specific categories of components: https://www.tti.com/content/ttiinc/en/apps/lead-time-trends.html

Please contact us to discuss your unique product needs and create a strategy for mitigating risk during these volatile times.