ISM, purchasing, manufacturing, forecast

Purchasing Execs Predict Revenue, Capex & Employment Growth in 2019

U.S. purchasing and supply executives are entering 2019 with a bit less enthusiasm than 2018, although optimism remains strong for the next calendar year. Sixty-four percent of U.S. manufacturers polled by the Institute for Supply Management expect their revenue will grow by 5.7 percent in 2019, compared with the 5.1 percent increase predicted for 2018.…

digital transformation, supply chain, predictions

10 Global Supply Chain Predictions for 2019

The electronics supply chain, for the past year, has been marked by component shortages, lead-time extensions and tariff uncertainties. Nevertheless, it’s been a good year for component manufacturers and distributors—many of which have reported record quarterly sales during 2018. In 2019, IDC projects, the supply chain writ large is poised to transition from a cost…

manufacturing, AI, factory, production

U.S. Production Rebounds; Lead-Time Concerns Linger

After a significant cool down last month, the U.S. manufacturing industry bounced back in November with growth in new orders, production and employment. Overall, U.S. production has been expanding for 27 consecutive months, although manufacturers tapped the brakes in October. The nation’s leading production index, the Institute for Supply Management’s PMI, increased 1.6 percentage points…

Fitbit Versa

Fitbit’s Supply Chain Strategy Leverages Cognitive Sourcing to Manage Costs

At a recent Cognitive Sourcing Summit, hosted by LevaData, EBN sat down with Kevin Purser, head of global supply chain sourcing & procurement at Fitbit to find out about the company’s supply chain strategy.  Purser joined the company in 2015, having worked in senior supply chain positions at several global electronics manufacturers including VeriFone and…

How Electronics Sourcing Practices Impact the Journey to Mars

The National Geographic channel’s “Mars” series has entered its second season and has inspired AspenCore’s Special Projects team to delve into the future of space exploration. Our “Road to Mars” report covers the designs, technologies and imagination that drive space research, and the electronics and sourcing infrastructure that support aerospace hardware development. The world’s fascination with Mars continues to fuel space…

Electronics OCMs and Distributors Weigh in on Shortages, Tariffs & 2019

As the electronics industry plows through calendar Q4, murmurs of uncertainty around 2019 are surfacing. Analysts say there’s a possibility that demand for electronic components will cool in 2019, and tariffs continue to fuel uncertainty throughout the electronics supply chain. “Semiconductor memory ASPs are going to fall. Semiconductor sales are going to decline. The U.S…

TE Adds Online Store as Part of its Digital Strategy

TE Connectivity, one of the largest and most diverse manufacturers of connectors, sensors and passive components, has expanded its purchasing, pricing, availability and delivery offerings via its TE Store. Although similar services are offered by TE distributors, TE’s chief eBusiness and digital officer Nitin Mathur said there is a large population of global users that…