Remanufacturing on the Rise

Some businesses call it refurbishing, others call it remanufacturing. It’s the process of restoring worn products to almost new, and it represents a significant market opportunity for the supply chain, according to the APICS Foundation. Remanufacturing is an area of growing interest for supply chain and operations management professionals, the foundation says. Previously segmented to specific areas…

Counterfeit Components: Are Warnings Enough?

In spite of the electronics industry’s ongoing efforts, there may be no “best way” to fight counterfeit components. One of the hurdles in this effort is the issue of anonymity as it pertains to reporting the inadvertent acquisition a counterfeit. There mere admission that a counterfeit got through a company’s firewall casts doubt on that…

Anti-Counterfeit Training Available

One of the provisions of the Defense Federal Acquisition Regulation Supplement (DFARS Case 2012-D055) rule regards the training of personnel in counterfeit-avoidance processes.  Although DFARS is targeted at contractors and subcontractors of the U.S. Department of Defense, the rule also specifies the flow-down of these techniques through all tiers of the supply chain. In the electronics…

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DFARS Rule Will Hit Scofflaws in the Pocketbook

Penalties for non-compliance of government standards usually take the form of fees or fines, so it’s not surprising that scofflaws of the Defense Federal Acquisition Regulation Supplement (DFARS Case 2012-D055) rule will get hit directly in the pocketbook. The ECIA this week has taken a close look at the legislation – which strives to eliminate…

Avnet EM Pivots Acquisitions Toward Asia

Asia’s electronic components distribution market is ripe for consolidation and Avnet Inc., the world’s top player in the sector, says it is putting the finishing touches to a strategic plan to grow strongly in the region via acquisitions and by leveraging existing investments to support customers and suppliers in refining their supply chain management offerings.…

Doing Business in Korea, Part 2

Smith & Associates – which is celebrating its 30th year in business this week — opened its office in Seoul in 2000. Although electronics behemoths such as Samsung, LG and Hynix are headquartered in Korea, Choon Byun, Smith’s president for Asia-Pacific, said relationships still matter when it gets down to buying and selling components. In…

Component Trends: Two Notable Moves in May

Neither component leadtimes nor pricing seem poised to budge during the month of May, according to Avnet Electronics Marketing’s Market and Technology Trends report. But buyers shouldn’t be deceived by the apparent stability:  upward activity in discretes and memory may signal a pull-through effect on other components. Avnet product experts in discretes report leadtimes for…

Purchasing: Component Pricing Pressure Eases

Demand for electronic components is rising steadily and solidifying enough across all market segments that suppliers are beginning to hope they may soon be able to raise prices and improve their gross profit margins. Led by automotive, industrial and even segments of the consumer electronics market – smartphones and tablets – demand for components rose…

What the Latest DFARS Rule Means for Buyers

It has always been part of the National Defense Authorization Act (NDAA):  the provision that contractors would be responsible for weeding counterfeit parts out of the Department of Defense (DoD) supply chain. Now it’s official: contractors must establish, maintain and certify counterfeit detection and avoidance systems or risk losing the opportunity to bid on federal…

Doing Business in Korea, Part 1

For many tech workers in the Americas, the Asia-Pacific region is just that—a region. Global electronics companies, of course, have figured out that each country within this vast region is unique. Within the distribution industry, independents such as Smith & Associates set up shop overseas more than a decade ago to expedite trade in electronics.…