📊Executive Summary

The article discusses the transition from a semiconductor shortage to an impending excess stock situation due to a significant drop in consumer demand. After a period of panic buying during the shortage, OEMs and EMS providers are now facing the consequences of over-ordering, leading to inflated prices and lead times. This shift is exacerbated by external factors such as COVID-19 lockdowns in China and geopolitical tensions, which have historically impacted production. The article highlights the need for procurement teams to adjust their strategies in light of these changes in demand and supply dynamics....