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Voltimum is an independent web technical resource that aims to inform, educate and train its subscribers on all facets of the electrical industry, particularly in the area of electrical installations. Used by electrical contractors, installers, electrical engineers and architects.
Long term component shortages create an unexpected threat
Feb 01, 2018
Many original component manufacturers (OCMs) reported their highest sales growth figures for seven years in the first two quarters of 2017 and, six months later, this has now developed into significant increases in lead times and pricing that haven’t been experienced for some time. The increase in demand seems to be mostly technology-led with large scale increases in demand coming from new and developing applications such as automotive and IoT. However, there is some evidence that production rationalization following the wave of OCM mergers and acquisitions during 2016 has also decreased supply in some areas.
Does It Comply? is an industry initiative lead by BEAMA, GAMBICA, LIA, ACI, and ESCO, and supported by Voltimum. The mission is to educate and inform contractors, installers, and specifiers to the damaging consequences to the industry from the trade in non-compliant product, whilst raising the profile to the wider stakeholders of issues with non-compliant products.