The escalation of coronavirus cases in China has reminded technology markets around the world that the supply chain challenges of recent years may last longer than expected. The pandemic is not the only disruption and many in the smart buildings and physical security industries are being forced to reconsider their approach to supply chain resilience and how they can future-proof their organizations against unknown disruptions. While supply chain challenges have always existed, the impact of the pandemic left supply chains off-balance while playing catch up on increasing demand. “When the pandemic hit, it kicked off a series of events that created a major ripple effect across global supply chains, sparking several new challenges that continue to plague many industries today,” reads our latest research study. “When the first waves of the pandemic arrived and lockdowns began in nations across the globe, manufacturers that use semiconductors reigned in their spending, and semiconductor producers idled some of […]