Arrow Teams Hone Risk Management Skills

An event doesn’t have to be catastrophic to disrupt the supply chain, said Tim Kolbus, vice president of global logistics solutions for Arrow Electronics Inc. A recent work slowdown at two of the U.S.’s busiest seaports is a prime example. Even though the event wasn’t deemed a strike, it will take an estimated six months…

ECIA Takes Position on Product Change Notifications

  Product change notices (PCNs) are a necessary but complicated reality of the supply chain.  Component manufacturers change things all the time, but because components are sold directly to customers, through distributors or on the open market, it is nearly impossible to disseminate notices in a consistent manner. Entire websites have been dedicated to keeping…

Achieving a Return on Corporate Sustainability Management

Growing concerns around energy generation, water shortages, flooding and rising sea levels present some significant challenges that demand attention in order to mitigate disruption risks due to potentially crippling supply chain events.  The semiconductor industry, and especially chip manufacturing, is particularly at risk of disruption and crises due to these mounting environmental challenges. While environmental…

Getting to a Sustainable Future

Earth Day 2015 offers us a time to reflect upon the thin biosphere surrounding the planet, that most important niche that we depend upon for our existence. At Smith, we realize the significance of the challenges that we face, and through our actions, we support many efforts to create a sustainable future, including renewable energy,…

Disregard Price Benchmarking at your Own Risk

Not benchmarking your electronic component spend? If so, continuing to disregard this critical diagnostic at your own risk. Quick. Name 1 inherently deflationary commodity. A commodity that, apart from the ebbs and flows due to supply and demand, always gets cheaper. The broad answer is electronics; more specifically – an integrated circuit (IC).  This month marks…

Managing Risk Along the Global Semiconductor Supply Chain

Most of us have experienced that sense of alarm or disbelief when we see the reporting on the severity of the California drought. How could such a vibrant market find itself in such a predicament and why have the headlines become so grim, so quickly? Unfortunately, California is not alone in addressing the challenges of…

distributors

Traceability: A Counterfeiting Panacea or a Cure?

Discussions regarding counterfeit electronics components almost inevitably come around to finger-pointing: if a bogus part enters the supply chain it is distribution’s fault; or independent distribution’s; or the buyer’s; or a situation that require buyers to go outside the authorized channel; or COTS programs; or an EMS. Original component manufacturers (OCMs) and OEMs are rarely involved in…

IT Asset Disposition: Ensuring That You’re Insured

We know that with the increasing growth of cyber-hacking and data breaches, investing in IT asset disposition (ITAD) is a growing necessity for companies. It is critical to ensure the safety of a company’s confidential live and stored data on all of its assets, ranging from computers, phones, servers, and hard drives. If breached, a…

Report: Manufacturing Needs to Evolve Risk Assessment

Manufacturers are facing complex business risks and disruptors, resulting in a need for the industry to evolve their risk assessment capabilities, according to a new study, jointly conducted by Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI). One of the key findings indicates that supply chains need to be carefully managed or they…

EU Conflict Minerals Vote Set

Just as U.S. companies seem to have a handle on conflict minerals legislation, the EU is poised to pass its own law regarding these materials that are widely used in electronics. In the U.S., the so-called conflict minerals rule, Dodd-Frank Section 1502, requires public companies to disclose the presence of conflict minerals (tin, tantalum, tungsten,…