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Grounded in Supply Chains, Branching Into Solutions
The market may not have worsened in the last quarter, but has it stabilised? Not yet. There are still shortages; supply and demand remain at odds. Regardless of the industry, it is impossible to navigate these stormy waters without a trusted partner.
In challenging times, the importance of trust, collaboration, and partnership become paramount, says Mark Shanley, Astute’s Director of Sales & Marketing. These values have established Astute as a leader in supply chain solutions, not only within the Aerospace and Defence (A&D) industry but across several key sectors: Medical, Electric Vehicles (EV), Renewables, Maritime, and Rail. The solution may be in plain view, right from the start.
“Demand for electronics is generally rising. There’s a technology aspect in virtually everything we do. All industries are under the same pressure. The problem is, when you can’t get hold of a critical $1 component your production may have to stop – for weeks or even months – until you come up with a solution.”
“Astute has made a large investment in electronics engineering,” says Mark. “We get involved at early stages to support product design, prototyping, and development. Our involvement mitigates the issues of scarcity, non-supply, counterfeit materials, component End of Life, and obsolescence.
“We can guarantee a surety of supply in some situations. For example, when a component becomes scarce, we can do a forward-buy and store on-site in nitrogen cabinets until needed - 5, 10, even 15 years. Ultimately, our roots of success -- the Astute DNA – is adding value through the supply chain and providing support throughout the product life cycle.”
Adding value is not only adding service: new products and full solutions are integral to Astute’s future success.