Coronavirus Impacts Lead Time, Causes Delays
Coronavirus Causes Delays in Business
The coronavirus outbreak in Wuhan, China is now starting to impact business continuity here in the US.
With a lot of electronic, optical and mechanical manufacturing located in China, we are now starting to feel the impact of the Coronavirus outbreak in our business. Over the past couple of weeks, we have received notice from several of our vendors, that lead times are being impacted. This is true for companies located in the US as well as Europe, as some components are being manufactured in China.
Several Chinese manufacturing sites have simply closed down for the time being in light of the virus outbreak. Based on the current trends, we expect this impact to worsen over the coming weeks. The situation is very fluid and we are keeping a close eye on how things are developing.
We have seen lead times stretching an additional 2-4 weeks for items that are not in stock. We advise our customers to adjust their project planning to account for these additional delays and place their orders sooner.
Thermal camera lead time is additionally affected due to companies abroad installing system to screen for people with elevated body temperatures.
Please check back with us, even for orders that have been placed already. We will do our best to provide you with updates as soon as these become available.
We apologize for any inconvenience and will work closely with our vendors to make the best of this situation.
Thank You for your understanding!
Markus Tarin, President & CEO, MoviTHERM
Mr. Cabrer holds a Bachelor Degree in Computer Science. He graduated in 1992 from West Georgia College. He has been working at MoviTHERM for over ten years. During this time John has developed thermal imaging software for numerous thermal imaging applications. Examples include package sealing applications, plastic weld inspection systems for ultrasonic, RF and induction sealing. He also has an extensive background in other non-destructive thermal imaging applications such as detecting voids and delamination in carbon composite structures.
“We were involved in many state-of-the-art technology endeavors, ranging from flying cars, rockets and other space crafts, electric cars, airplanes and the list goes on. We have a very special company with a very unique set of skills, unmatched in the industry.”, adds Markus Tarin, President & CEO.
“During recent years, the cost for these cameras have come down significantly, but thermal camera-based systems are still relatively complex to install and maintain. The IRSX Thermal Smart Cameras really is a game-changer, providing all the benefits of a thermal camera, with the flexibility of IoT integration.”, says Markus Tarin, President and CEO of MoviTHERM.
Flexible equipment financing options can be a valuable tool in overcoming these challenges of today’s manufacturers. For example, a lease-to-own program will allow a company to acquire capital equipment in a short period of time and put it to work, while making affordable monthly payments. More often than not, the monthly return on investment of the machine vision equipment exceeds the cost of the lease payment, thus leading to an instant positive cash flow.
