July 22nd, 2020: Holding Current Product Lead-Times
In my last COVID-19 update in April, I announced that we would be extending our product lead-times for new orders by 4 weeks, which depending on the product family meant a range of 20 to 24 weeks. Due to continuing supply chain challenges caused by the COVID 19 pandemic we are going to maintain these current lead-times for the foreseeable future. I will let you know immediately when we are able to reduce them. On behalf of Vicor, continued best wishes to you and your families and as always thank you very much for your business and support.
April 2, 2020: Increase in Product Lead-Times
In my first COVID-19 update on March 24th, I committed to keeping you informed on any change in status with regard to the supply of our power modules. Over the past 2 weeks, we have seen many of our key component suppliers increasing their lead-times. To ensure that we meet our delivery commitments, we are asking that you plan around the following:
As of today April 1st, all Vicor product lead-times for new orders will be increased by 4 weeks, which depending on the product family means a range of 20 to 24 weeks.
March 24, 2020
In response to the COVID-19 pandemic, the Governor of Massachusetts issued an executive order on March 23rd requiring all non-essential businesses to close.
As a supplier of components to contractors and sub-contractors designated as “critical infrastructure” within the Defense Industrial Base, pursuant to Presidential Policy Directive 21 (PPD-21): Critical Infrastructure Security and Resilience; Vicor will continue operations during the state of emergency declared by the Governor.
At the present time, our product lead-times are not affected but we will, of course, keep you updated of any changes as the COVID-19 crisis continues to evolve.
On behalf of Vicor, I wish you and your families the very best and as always thank you very much for your business and support.
Corporate Vice President WW Sales and Marketing