The strategic partnership is set to increase supplier capabilities across the electronics manufacturing industry, bolstering collaboration and helping to reduce market disruptions.
Beebolt, the AI-led collaboration platform for global trade, has partnered with leading global industry association, SEMI, to revolutionise supplier operations in the semiconductor industry.
Together, Beebolt and SEMI will share critical insights and resources with SEMI’s over 3,000 member companies via the SEMI Supply Chain Management (SCM) initiative, helping reinforce supplier capabilities for a more robust supply chain.
Beebolt will support SCM Industry Advisory Council (IAC) members such as TSMC, Intel, Google and Infineon, providing access to its industry and technology expertise to enhance collaboration and capabilities, and help de-risk revenue across the supply chain.
Bettina Weiss, SEMI Chief of Staff & Corporate Strategy said: “SEMI’s Supply Chain Management initiative is a unique global platform where industry stakeholders collectively create solutions that advance an agile and resilient electronics ecosystem for greater end-to-end continuity, visibility and transparency. Leveraging Beebolt’s innovative approach to bolstering supplier capabilities will improve efficiencies and expedite results for our members.”
CEO and Founder of Beebolt, Talal Abu-Issa said: "With AI advancing at lightning speed, the semiconductor industry is the powerhouse of modern innovation. Our partnership with SEMI aims to address the collaboration obstacles within complex supply chains that stifle downstream innovation.
"Our goal at Beebolt is to strengthen every link in the supply chain. We’re thrilled to partner with SEMI to achieve this shared vision of a stronger, more resilient supply chain for its members, ensuring that progress in global trade keeps pace with the groundbreaking ideas shaping our future."
Beebolt has joined leading companies like DHL and Genpact in forming a strategic partnership with SEMI as part of the SCM initiative, aiming to transform the semiconductor sector.