Sure during Covid we had supply chain problems. Everyone did. Then Cisco said earnings were down because customers had a glut of inventory and implementation was slowed.
Now back to supply chain.
No - its fiscal policy creating the supply chain delays.
They get the forecast. They know what’s coming in. Cisco supply chain “just in time” for the PO that’s arrived. So if your product takes 12 weeks, and you order it today, see you in 12 weeks since there is no supply.
Oops Cisco supplier isn’t stocking for Cisco either? And needs to order - taking 10 more weeks? Awesome. Hey customer it will be 22 weeks before your product arrives. You know it’s supply chain.
Arista, juniper, Aruba doesn’t have this problem. Why? Simply because they don’t let $200 of Broadcom chips halt a 10 million dollar order for 22 weeks.
It’s Cisco caused supply chain. They can’t forecast. Even when they do forecast they don’t order until they get the PO.
I remember Chuck saying on one of his first town halls that he took all of the forecasting that was done religiously under Chambers on Monday and just did pen rate +10% Thousands of fruit otherwise productive hours wasted actually trying to make a forecast when Chuck just did it off the cuff
Now you have a whole bunch of diverse and inclusive supply chain Sellers system, engineers, and everyone else. They don’t know how to do their jobs and the customer pays the penalty
Cisco has no innovation engine. It can only buy software companies.(and sc--w them up like application dynamics)
Cisco overpaid for sp--k because they need to drive software revenue because they can’t get their hardware ordering to acceptable leadtimes due to their incompetence