📊Executive Summary

Brevan Electronics has formed a strategic partnership with NewPower Worldwide to address the ongoing global component shortage. This collaboration aims to provide Brevan's customers with alternative supply chain solutions and access to hard-to-find parts through NewPower's trading platform. The partnership is a response to the current market conditions where supply chain lead times are problematic, and it emphasizes the need for OEMs to have reliable partners to mitigate risks associated with supply chain disruptions. This move is particularly relevant for procurement teams looking to navigate the challenges posed by the component shortage....