article thumbnail

Ten Supply Chain Predictions for 2023

NC State SCRC

As noted in one of my blogs, however, producing a fab plant is a good step – but the supply chain for chips is still largely in Taiwan. Despite having a lot more PPE in warehouses, hospitals are still struggling with a lot of shortages. GM has committed to 30 new electric vehicles by 2025.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. The uptick’s been attributed to gaps in regulatory and process execution, and a shortage of skilled labor in warehouses. IDC via IEEE Spectrum). Wall Street Journal ). Wall Street Journal ). Brookings).

article thumbnail

Supply Chain Woes with Inflation Rising … What’s Next?

Supply Chain Game Changer

Driverless forklifts, robots in warehouses, and automated planning will be the rule by the year 2025. Taiwan, which is said to be the hub of the chip industry, has been the worst affected with almost 2000 workers in quarantine at King Yuan Electronics, which has cut the revenue of the company by a third, reported the WSJ.