How Distribution Can Capitalize on the IoT

The Internet of Things (IoT) is everywhere, and the market opportunities are mind-boggling: 50 billion devices will be connected by 2020. The value of the IoT devices and services market will reach $7 trillion by 2020. The benefits to users are infinite. Is this the “killer app” the high-tech market has been waiting for? The…

Massive $20B Components Waste Haunts Supply Chain

The electronics industry urgently needs an energetic components exchange program to help address an inventory imbalance that is distorting the supply chain and resulting in the wastage of parts valued in excess of $20 billion annually, says a top industry executive. While some companies are implementing programs for helping customers individually address the problem it…

Top 20 Electronics Supply Chain Myths

Electronics manufacturers are used to harsh cyclical downturns often caused by their reliance on unverified assumptions about industry fundamentals. Even the biggest chipmakers, OEMs and other leading supply chain players have fallen victims to these myths, many of which sound quite believable and continue to be propagated by some top industry executives. Bursting any of…

DHL Tests Augmented Reality For Use in Logistics

Electronics distribution warehouses are among the most automated in the world. Because electronics component part numbers can be 12 or more characters long, the likelihood of human error – in data entry, storage and picking — is significant. Scanning technologies have vastly improved those processes; and robotics have eliminated much of the handling associated with…

Building Lasting Supply Chain Alliances

No enterprise involved in the electronics supply chain operates in a vacuum, not even companies that have a monopoly on their economic sector. It’s easy, though, for a business to keep a relationship going on past its benefits for the wrong reasons. It’s a trap a former British foreign secretary and prime minister identified generations…

High-Tech Growth Prompts UPS Expansion

UPS® (NYSE:UPS) today announced three international facility expansions driven by growing demand from retail and high-tech customers. The moves add nearly 220,000 sq. ft. (about 20,000 sqm) to UPS’s global supply chain network. The newly expanded facilities are located in Krefeld, Germany; Butzbach (near Frankfurt am Main), Germany; and Venlo, Netherlands. UPS, which recently announced…

distributors

How Easy is Your Distributor to do Business With?

One of the most successful distributors in the electronics industry once told me something I think about a lot. This distributor, at the time, did not participate in suppliers’ design registration programs because it wanted to put as few barriers between customers and their purchases as possible.  This was very unusual. Design registration programs, in…

Use Social Media to Reduce Returns

Consumers are using social media to help them make purchase decisions.  An infographic by Invesp provides key details including that:  4 in 10 social media users have purchased an item online or in-store after sharing it or marking it as a  favorite on Twitter, Facebook or Pinterest. 50% of those purchases take place within a…