The global semiconductor market is forecast to become a trillion-dollar industry driven by digital transformation, electrification and automation across all industries. However, the recent chip crunch and supply chain disruptions have revealed structural vulnerabilities in the electronics value chain. This presentation will discuss best practices in semiconductor management and explore how companies like Tesla and Apple have developed resilient, yet highly innovative strategies to secure their semiconductor supply. The presentation will cover topics such as modular technology architectures, optimized mix between custom developed and standardized components, transparency in the bill-of-material, supplier relationships across multiple tiers, and data-driven market intelligence. The goal is to help organizations rethink their approaches to managing their semiconductor supply and achieve the highest levels of efficiency, growth and customer service. With mega-trends such as autonomous vehicles, smart homes, and an ever-increasing proliferation of AI and cloud computing, the demand for semiconductors is only going to increase. Therefore, it’s crucial for organizations to develop a semiconductor management strategy that allows them to flexibly adapt to changes in supply and demand.