Global metallization solution supplier Heraeus Photovoltaics announced a new supply chain strategy to multiply its silver powder sources for ensuring the AG silver supply. The multi-supplier sourcing strategy has been implemented along with some expanded safety stock policy and redundant pastes options for its customers.
In response to the potential silver powder supply shortage resulted from DOWA Hightech’s industrial accident in early January, Heraeus decided to strengthen its supply chain and manufacturing strategies by expanding trading partner networks. The strategies include adding new silver powder suppliers and make a more careful safety stock policy.
Heraeus therefore releases its newest family of pastes based on different silver powders than before, and the purpose of the release is the round-up completion of Heraeus' set of redundant pastes, which backup each other. The strategy will prevent Heraeus from supply interruptions because of over dependency on certain key material suppliers.
Heraeus experienced very little impact from the event, according the company’s statement, yet the new strategies will help it establish a firmer supply in the future. The company has started shipping samples of the new pastes to its customers.