📊Executive Summary

The ongoing semiconductor shortage is impacting a wide range of industries, including automotive and consumer electronics. Major manufacturers like Toyota, Ford, and Apple are experiencing production slowdowns and potential sales declines due to constrained chip availability. The shortage is attributed to increased demand for chips in various products, including those using older 200mm wafer technology, and supply chain disruptions caused by the pandemic. As a result, procurement teams should closely monitor lead times and availability for semiconductors, especially as the situation may worsen during peak demand periods like the upcoming holiday season....