How to Plan for a Risk-Adjusted Supply Chain

As millennials begin to replace baby boomers in the electronics workforce, corporate priorities are beginning to shift. Millennials place significant value on their employer’s corporate social responsibility (CSR) stance, for example. As companies try to do good, however, they are also increasing their supply chain risks. Risk mitigation has become top of mind in the…

Midsized Manufacturers Expect to Outpace Market

Financial executives of small and mid-sized U.S. manufacturing businesses are optimistic about their growth prospects for 2016, according to research from the buying consortium PrimeAdvantage. At the same time, CFO confidence in the U.S. economy has fallen from last year with slightly more than half of executives – 54 percent — expressing optimism. This is…

Industry Tackles Technology & Sourcing Issues

Military and aerospace devices used to be the gold standard for quality and performance back in the days when the U.S. defense industry was one of the world’s biggest consumers of electronics components. Now, some industry experts believe, quality and performance advancements are being rivalled by the automotive industry. “It’s interesting —  the trends we…

Supply Chain Goals Misaligned with Execution

An optimal supply chain relies on alignment – between supply and demand, or goals and execution – for success. But a recent report has found a significant misalignment between the business objectives of a strategic supply chain and the resources dedicated toward achieving that goal. Of 250 senior manufacturing executives polled by GT Nexus, which…

Case Study: ZeeVee Onshore and Offshore

When ZeeVee Inc. was founded in 2007, its principals knew exactly where it would manufacture: China. A significant number of OEMs and electronics manufacturing services (EMS) providers had spent the prior decade moving manufacturing facilities there, so ZeeVee decided to follow best practices at that time. Today, ZeeVee, a manufacturer of video and signal distribution…

Manufacturing Contracts 4th Month in a Row

Manufacturing in the U.S. contracted for the fourth consecutive month in January, signaling what’s likely to be a slow climb back to growth for the early part of 2016. The nation’s leading manufacturing index, the Institute for Supply Management’s PMI, registered 48.2 percent in January, increasing only 0.2 percent from its level of 48.0 in…

Chip Market Forecast to Grow 4% in 2016

The uncertain global economy will continue to have a dampening effect on the semiconductor market, according to two leading analyst firms. While the chip industry had been able to outperform the overall electronics market for decades, chip makers have had to grow accustomed to a more sedate pace of growth. IC Insights and Future Horizons both have forecast…

Friends — Not Social Media — Prepped me for the C-Suite

In the ’50s and ’60s back in the neighborhood, “real social interaction” preceded all of today’s empty suit social media communications. When we were teens, we were doing things like marketing, organizing events and, most significant, developing social skills and learning life lessons on the playground…without parental guidance and fanfare. Social media truly benefits so…

Avnet Doubles Down on Embedded Systems

The value of embedded systems in the distribution channel was reinforced in recent weeks as Avnet Inc. dedicated global sales and support resources to the embedded market segment. Ed Smith, president of Avnet Electronics Marketing, Americas, was named as senior vice president of Avnet embedded systems,  global, earlier this year. For the past year, Smith has overseen both…

Advocate Says Reshoring’s Down, But Not Out

Although the pace of U.S. reshoring decelerated in 2015, one manufacturing expert says the trend is far from standing still. A recent report released by consultancy A.T. Kearney concluded that the U.S. reshoring train “has yet to leave the station.” The Reshoring Initiative (www.ReshoreNow) disagrees. “Repeated surveys by Boston Consulting Group, Plastics News/Nexant, Alix Partners…