materials procurement

Electronic Component Shortages Continue in 2018

Late last summer, we informed you of market conditions that were creating longer lead times for some components.

As we move through 2018 we continue to see component lead times grow and prices climb as growing demand puts a strain on supplier resources. Although the industry is hard at work to address this market shift, the changes will take time. We expect to see these conditions continue well into 2019.

At ControlTek, our goal for each new customer and project we take on is to become a longterm partner that will continue to add value during every stage of product development.

One of the most important areas where we can provide value for ControlTek customers comes from our supply chain and materials management services.