Buyers and other electronics industry professionals interested in driving greater efficiency in their purchasing processes can download the report for free and read the five strategies for tackling supply chain pressures and hidden costs, including:

• The global shortage of semiconductors
• Rising logistics costs
• The increase in raw material prices
• Disruptions in maritime transport
• Inflationary pressures

Gregorio Vargas, Regional Sales Manager for Spain and Portugal at Farnell, comments: "We understand the needs and desires of the buyer community, the challenges they face, and the solutions they require. We strive to provide solutions to their everyday problems, but also to go a step further and add value at every stage."

"Farnell offers buyer-friendly solutions, such as iBuy, ePass API, 2D barcodes, and e-invoicing (to name just a few), which already enable the buyer community to do their job faster and easier. We hope this report will provide added value to buyers as they navigate the challenges of the industry and the global economy in 2022.".

For online shoppers, efficiency is key. They need purchasing processes and tools that are fast and as intuitive as possible to save time and money. Farnell has invested in integrating these efficiencies into its online channels to ensure the shopper journey is as seamless and efficient as possible.

Customers can also access a global portfolio of nearly one million products from more than 2,000 leading suppliers worldwide, available for fast delivery, as well as support from local customer service teams and factory technical experts to assist them at every stage of the design process.

The report, "How to tackle the hidden costs and challenges in the electronics supply chain", is available for free download here