Shipping statistics and some of the root causes of the supply chain issues are discussed, along with further information on lead-times. There has also been a COVID outbreak in a key shipping port for the Shenzhen area which is causing further delays.
As always, if you have any questions or concerns around lead-times, pricing or urgent inventory requirements please let the team at Ivent know, we are here to help.
Focus remains on the very difficult supply chain situation continuing to hit the industry. Included is also a handy calendar for the annual Chinese holidays (factory closures) and we welcome our newest (cutest) staff member…! If you have any questions at all about lead times, pricing, or inventory levels please let us know. We are working closely with all of our customers to ensure continuity of supply through this challenging period.
Happy Easter! Such an eggciting time of year... The Easter Bunny has definitely come early and delivered the latest Market Trends report! Once again we look at the huge pressure on the supply chain at present, especially around the procurement of semiconductors and displays.
Have a great Easter break and stay safe out there… the roads are going to be craaaayzeeeee!
Latest industry news contained in the Ivent Market Trends Report, check it out now! We look at the continuing price and leadtime pressure, as well as checking in on our old friends... passive components!
Crazy times we find ourselves in yet again as the COVID-19 pandemic rolls on. Auckland is now in Alert Level 3 (only for a week hopefully!) so there are a host of restrictions across the city. Ivent is an essential business and as such we are remaining open (this applies across ALL alert levels). Please just continue your interaction with Ivent as you normally would. I would like to emphasize again that there will be no interruptions to any logistical or manufacturing activities that Ivent provides to its customers.
Any questions at all please feel free to get in touch with your normal Ivent contact or email business@ivent.co.nz.
To our valued customers and partners
Ivent Operations
The team at Ivent would like to provide an update on our COVID-19 response given the latest Level 3 lockdown now in force in the Auckland area.
Ivent is classified as an essential business and as such will be continuing to operate as normal. As the COVID-19 alert level has now moved to “Level 3” the bulk of our team are now working from home. Sales, customer service, engineering and logistics are all operational at home as of this morning. Our normal main phone numbers, DDI numbers and mobile numbers are all active so please contact us as you would normally.
Our warehouse and factory is operational with all staff operating on site at Ivent. Inwards and outwards shipments will also continue as normal. If your business has any specific requirements during this lockdown period please contact your Customer Service Representative or Account Manager at Ivent.
Supply Chain
We are in close contact with our global supply chain partners and freight forwarders to ensure we mitigate any threats relating to the supply of product and services to our customers. We have been actively monitoring the situation for the last 12 months and will continue to update you as information comes to hand or any threats are identified. Shipping lines remain very busy, and leadtimes will continue to increase, however these influences were present prior to the current lockdown. With Chinese New Year well underway in Asia at present, hopefully the current lockdown is reasonably well timed, especially if it only lasts 3-7 days as is being suggested.
Confidence in Ivent Solutions
Rest assured our business operation is strong, stable and secure. We are well equipped to continue business over the coming weeks no matter how challenging this new lockdown becomes. Significant investment and resource has been committed within the business to ensure full remote connectivity for all staff in both our IT and communications infrastructure. Doing business in these times is a little different to what we are all used to, but we can be just as effective and efficient.
When further information is released by the government over the coming days we will update you further as to our response plan moving forward.
Finally, please take care of yourselves and your loved ones in the coming days and weeks.
A new year, a new US president, and a COVID vaccine... but more of the same in terms of price and leadtime pressure out of Chinese based manufacturers! This months report also includes a handy guide to helping your production lines survive the Chinese New Year holidays. Happy Waitangi Day too!
MERRY CHRISTMAS! For our last Market Trends Report of 2020 we review the shambles that the Ports of Auckland currently find themselves in, and on a brighter note look at the emergence of LiFePO4 batteries in the market. Keep an eye on increasing leadtimes into 2021 and also the increasing cost of raw materials such as Lead, Copper and Nickel. Have a great holiday everyone and see you back in 2021 for a much less eventful year!
The global TFT market continues to tighten with price and leadtime uncertainty spreading. This coupled with very tight shipping lines is now having a material impact on pricing and delivery performance. This situation is expected to continue until approximately Q2/2021. Protect your supply chain and start looking to order well ahead on any TFT product requirements you may have.
October 2020 edition of the Ivent Market Trends report has been issued. General chit chat on increasing leadtimes due to pressure on the shipping lines as well TFT prices on the move. Don't forget to think ahead as Christmas and Chinese New Year is fast approaching...
Please have a read of the September 2020 edition of the Ivent Market Trends Report. There is some interesting tech on Cobalt free Lithium batteries, new displays from Xiamen Ocular and some feedback to our customers on the pressure we are seeing on pricing in the supply chain (plus the usual memes!).
Ivent has just released the August 2020 edition of our Market Trends Report. This month we take a good look into the financial markets post COVID-19, some new TFT displays from DLC, the addition of another injection moulder to our product line and also a highly professional review of the performance of the Oval Office… 😊 what more could you ask for!
Ivent turns 13! Have a look at our July 2020 Market Trends for up to date market information and also a reminisce over our time in the New Zealand Hi-Tech Industry. Xiamen Ocular have also released an interesting 2.2" monochrome LCD which is well worth a look...! Enjoy!
DLC Display are one of the top designers and manufacturers of TFT and display solutions in China. Ivent enjoys a close and long term relationship with DLC and to date have produced some of the top bespoke industrial display solutions in New Zealand. Check out our Market Trends Report for more information on DLC including their latest product releases for 2020.
Have a look at our latest Ivent Market Trends report for May 2020. Further information around leadtimes and the effect of COVID-19 on the electronics industry and also a specific report on the supply chain for MLCC's. Included also are the usual updates around exchange rates and key metal pricing from the LME. A lighter look at COVID-19 is added too! Please also take the time to check out our upgraded website, www.ivent.co.nz
Check out the latest report from Ivent Solutions. Once again we keep a close tab on the ever evolving COVID-19 situation and specifically the effect on the electronic component supply chain. Cost increases are also reviewed based on freight charges and foreign currency implications.
