Supply Chain Mechanism in Semiconductor Industry

What is Supply Chain? Supply chain management is the management of flow of goods and services from the procurement of raw material to producing the final product. Supply chain is an important mechanism in almost every industry as it determines the competitive advantage of a company over its competitors. Supply chain management also plays a key role in the semiconductor industry. Semiconductors are a key component for almost every electronic and digital product in today’s modern era. Thus optimum supply chain for semiconductors is a need of today. Not only proper supply chain mechanism is needed for semiconductors but also for the semiconductor machine as these machines play a key role in the manufacturing, assembling and testing of semiconductor chips. Nature of Logistics in Semiconductor Industry: Very few industries face such complex issues in logistics management which are faced by the semiconductor industry. As semiconductors are quite fragile in nature and their effi...