Yes, but behind companies people like me and you take decisions , even if you have a small position in a company , you have a big rule to play in our society and in our world general. You can see it now, if you look in North Africa how much power poor people have and how they can effect the global economy. What I am trying to say is that if the people change mentality they can force the large companies as you said to change their plans.
The earlier we start to explore the alternative energies the better. Our dependency is so high on crude oil so much that when there is increase in price, all other commodities also increase in price and the impact is felt by everyone.
I agree with your post mfbertozzi , the Oil price hike problem we have seen it in the past and now we watch the same scenario. When the oil price goes up effects all the world and especially the food chain and the poor people. So we know the problem and even if you ask your little child he knows the answer.
and with this way not only we have a solution to the oil hike problem also we contribute to our ecosystem.
Anandvy, your post is highlighting one of the most important point: which solutions are in place to solve up&down oil trend? Manufacturing delocation is a possible approach, but is it enough? It requires absolutly political stability in the regions involved. Maybe additional approaches could help more. Herein to mention for example: -speedup ecofuel engine not only for cars but for any industrial engine -speedup green architecture for IT industries Am I still far from right steps?
Oil price rise is not only big concern for Semiconductor industry but to all the manufacturing industries which relies on transportation. Looking at the turmoil in middle east, oil might cross 150$ as well. How can manufacturing industry prepare for this challenge ? One solution I can think of is diversifying the manufacturing base to different regions so that transportation cost can be saved. Are there any other solutions to this problem ?
Jim, Middle East countries are rich in crude oil and they are contributing more than 2/3 of the world’s crude oil requirement. Economic turns over in these countries are majorly depended on crude oil and allied products. Due to the recent political instability in this region, the crude oil prices are gone to ever high in history of more than 116/ barallel and expected to be 150/barellel. So whenever the crude oil prices are going high, it’s have a corresponding impact in world economy too and we had realized it during the previous Kuwait-Iraq and Iraq-Iran war. This high price reduces the spending power and forced the countries to limit the import of crude oil, which in turn increase the transportation and other energy generation costs.
In my personal opinion, we have to explore alternate energies such as solar, wind, sea-waves, waste etc to avoid such scenarios in future. We are still largely dependent on oil for our daily survival and it’s NOT safe, to rely these counties always for the oil requirements. Moreover, it’s better to maintain an international pressure on these countries, to resolve their issues for a stable government.
It is scary to think of oil prices reaching $150 per gallon, but good to know that economic recovery can still continue ar these levels.
As discussed in previous blogs though, there are a lot more factors to consider in forecasting the year (s) ahead.
Good analysis Jim, personally I think it reports to us the urgent matter to speed up any actions on green. A couple of thoughts: -thanks to smartph/tablets and so on mobile communications are ramping a lot; what mobile telecoms are doing in the electronic towards green? -could optical switching represent a right step as tentative to replace whose based on electronic switching?
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.