As the electronics supply chain becomes increasingly integrated into key business operations, a solid understanding of macroeconomic forces becomes critical.
Apek Mulay, an EBN blogger and the CEO of Mulay's Consultancy Services, says the key to economic stability and growth lies in the decentralization of the electronics supply chain. He cites the negative effects of common supply chain practices, such as offshoring, as well as the challenges of unequal trade regulations on the semiconductor industry.
We'll talk to Mulay in a live chat at 2:00 p.m. ET/11:00 a.m. PT on Thursday, Oct. 16, the day before the release of his book on this topic, Mass Capitalism: A Blueprint for Economic Revival. He will be on hand to discuss the potential benefits of mass capitalism, from socio-economic reforms and reduced taxes to better collaboration among supply chain partners.
Bring your thoughts and questions and join us in the EBN chat area on Thursday, Oct. 16 at 2:00 p.m. ET/11:00 a.m. PT. Feel free to share questions or thoughts in advance in the comment area below.
— Hailey Lynne McKeefry, Editor in Chief, EBN
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Offshoring comes with its own sorts of challenges (if not overcome they lead to losses). There are many factors that are responsible for the growth or decline of markets in the offshoring area as well as the parent country, and that includes offshoring laws, trading limitations imposed on the company by the country, labor charges (may be greater or lesser), shipping products (except software) etc. If offshoring has to be done then it has to be better managed for newer companies to develop.