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ECIA Announces New Council Members
ECIA’s three Councils are pleased to announce new members. ECIA is structured into three Councils reporting directly to the Board of Directors. The Distributor, Manufacturer and Independent Manufacturers’ Reps Councils are made up of 12 members and have oversight responsibility for each constituency’s specific priorities and agenda items. Alan Ahern is the Chair of the…
Heilind Offers Brady Covid-19 Safety Solutions
Heilind Electronics, an authorized distributor for Brady and a leading global distributor of electronic components and identification products, has added the manufacturer’s COVID-19-related identification and safety solutions signage, posters and floor markings. This offering comes at a critical juncture in the global pandemic, as more businesses strive to maximize the safety of their employees, customers…
The Digital Transformation of the Supply Chain Lowers Costs & Reduces Risk
A host of digital innovations address the growing pressure to increase overall efficiencies and minimize risks within a rapidly evolving supply chain. Supply chain risks have been making headlines recently with the disruptions caused by the coronavirus. In its new report, “The Digital Transformation of Supply Chain,” Lux Research categorizes the supply chain into six…
Arrow Q1 Revenue Exceeds Estimates
Arrow Electronics, Inc. today reported first-quarter 2020 sales of $6.38 billion, a decrease of 11 percent from sales of $7.16 billion in the first quarter of 2019. First-quarter sales, as adjusted, decreased 9 percent year over year. First-quarter net income of $50 million, or $.61 per share on a diluted basis, compared with net income…
ECIA Compiles Best Practices for Infection Control
ECIA’s Global Industry Practices Committee (GIPC) has compiled a comprehensive list of best practices in COVID-19 Infection control to aid companies as they adapt to the unexpected challenges associated with the pandemic. As the world emerges from the peak of infections, a recovery process will begin, requiring substantial changes across the supply channel. It is…
Does America Have Enough Manufacturing Resiliency?
Even before the Covid-19 pandemic, there were questions worth asking about the United States’ resiliency and self-sufficiency concerning manufacturing. Now, shuttering factories and borders in the name of public safety has thrown some of these shortcomings into sharper relief. Thankfully, there are also signs that the U.S. may be in a good position to rebound…
7 in a Row: Raytheon Honors Lansdale Semi
Dale Lillard, President, Lansdale Semiconductor, Inc., recently announced that the company was honored for the seventh consecutive year by Raytheon Integrated Defense Systems for Supplier Excellence. This year, Lansdale achieved Raytheon’s highest 5 Star Award for the second time in two years. Raytheon’s Integrated Defense Systems business instituted the annual Supplier Excellence Awards program to…
Allied Electronics Adds Baldor-Reliance, Schneenberger & IKO
Allied Electronics & Automation has added more trusted suppliers to its 300-strong network, including Baldor-Reliance, SCHNEEBERGER, and IKO International. Products from these brands are available now for shipping to the United States, Canada and Mexico through the Allied website, www.alliedelec.com. With more than 3 million products available online, Allied continues to put its customer experience…
Avnet FY Q3 Sales Beat Estimates
Avnet, Inc. (Nasdaq: AVT) today announced results for its third fiscal quarter ended March 28, 2020. Third Quarter Key Financial Highlights: Sales of $4.3 billion compared with $4.7 billion a year ago. GAAP diluted loss per share from continuing operations of $1.29, compared with EPS of $0.87 a year ago. Non-GAAP adjusted diluted EPS of…