📊Executive Summary

Over 70% of semiconductor firms plan to upgrade their supply chain visibility tools, primarily driven by the need for efficiency and cost reduction. The semiconductor industry, projected to reach $760.7 billion in sales in 2026, faces significant challenges from geopolitical tensions, tariffs, and internal constraints such as raw material shortages. With 41.3% of professionals citing geopolitical risks and 39.1% concerned about tariffs, these factors are critical for procurement teams to monitor. The article highlights the urgency for enhanced visibility and automation in supply chains to anticipate disruptions and manage compliance effectively....