News
Electronics Sourcing, August 2023 – NewPower Worldwide introduces the advantages of leveraging lean manufacturing techniques and strategic partnerships for sourcing automotive electronic components.
NewPower Worldwide discusses trends for 2023 including decentralized supply chains, increased supplier collaboration, digital technologies and contingency plans.
With component production finite and insufficient to meet market demand, NewPower encourages buyers to plan for the ‘new normal’ and craft custom inventory management methods.
Challenges remain and the pace of growth may ease, but the 2023 Distributors Outlook is decidedly bullish.
