Leadership teams are pulling out all the stops to blunt the damage of the global semiconductor chip shortage on their businesses. But many are overlooking a critical factor that can position their company for a much smoother ride through this turbulent period: the engineering team.
Engineering Your Way Out of the Global Chip Shortage
If you design for resilience, you’ll be better able to navigate disruptions.
December 23, 2021
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Summary.
The chip shortage that affected many companies in 2021 is expected to last well into 2022. One way companies can deal with chip shortages is to redesign products. This article illustrates two different approaches to product redesign: designing for resilience, which involves building products with interchangeable parts that can be swapped out if supplies develop in the future, and designing for availability, which involves redesigning a product when a shortage happens, making use of whatever materials might be used to fill the gap.