The Medical Supply Chain of the Future: Consistencies and Changes

Supply chain disruptions have widespread ripple effects in many industries, but in healthcare they can be critical. Shortages, delays, and other unforeseen events in medical supply chains can result in patients not having the medication they need or insufficiently equipped hospitals. Such disruptions are a problem in any sector, but in medicine, it can be…

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Can Procurement Departments Keep Up with AI’s Evolution?

As artificial intelligence (AI) capabilities mature, an increasing number of businesses are investing in AI initiatives and leveraging automation in their daily business operations. This once leading-edge technology is becoming more ubiquitous and is quickly becoming an imperative to long-term success. In fact, analysts project the global AI market to grow from $47.5 billion in…

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New Yorker Electronics Acquires Omni Pro

New Yorker Electronics, Co., Inc., a global franchised distributor of passive electronic components, discrete semiconductors and supply chain services, today announced the acquisition of Omni Pro Electronics, Inc., a leading electronic component distributor, located in Addison, Texas. Omni Pro maintains a deep inventory of industrial control and board-level components used in a broad array of…

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How Flexible is Your Bill of Materials?

High-quality, highly reliable electronic products are realized through many devices and services coming together consistently and efficiently. One item is components; the individual parts that, together, comprise a bill of materials (BOM). Ideally, a BOM would be frozen once the engineering and purchasing departments have agreed on the parts and suppliers, respectively, needed to build…

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How CSR Improves Supply Chain Relationships

Tech companies have been among the early drivers of corporate social responsibility (CSR) initiatives but in general, businesses lack official performance targets and policies, according to Forrester Consulting. The inability to effectively assess individual suppliers and to measure overall supply chain performance are top impediments to progress. The research found CSR’s scope has grown beyond…

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New Yorker Electronics Partners With Knight Electronics

Knight Electronics, Inc., headquartered in Dallas, Texas, has signed New Yorker Electronics as its newest franchised distributor. Knight Electronics is a prominent, technically enabled manufacturer with additional brands to support their customers globally with engineering, manufacturing and inventory; Orion Fans and Io Audio Technologies. Orion Fans designs, develops and manufactures thermal management products including AC…

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How China Plus One Diversifies Supply Chain Risk

Trade wars, tariffs and geopolitical concerns have spurred global electronics manufacturers to reassess their strategies regarding China. But rather than abandon the nation entirely, China Plus One is taking hold as a way to diversify supply chain risks. “Trade dynamics with China have changed,” said Vipul Kumar, manager, procurement and supply chain intelligence for business…

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Avnet Loses Maxim Line Following ADI Acquisition

Editor’s note: This article has been updated with a statement from Avnet.  Maxim Integrated Products, which was officially acquired by Analog Devices Inc. (ADI) in August, is discontinuing its relationship with distributor Avnet Inc. Maxim accounted for roughly 3 percent of Avnet’s fiscal 2021 sales of $19.5 billion. The transition will take place over the…

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Digi-Key Partners With Futaba on OLED Modules

 Digi-Key Electronics, which offers the world’s largest selection of electronic components in stock for immediate shipment, announced that it has secured a partnership with Futaba through the Digi-Key Marketplace to offer their range of OLED modules. Futaba offers display products such as OLED displays for battery-operated devices and TFT-LCD modules offering a USB interface and…

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U.S. Factories Power Though Supply Chain Constraints

For 16 months the U.S. manufacturing sector has expanded in spite of – rather than thanks to – the global supply chain. The U.S. PMI in September increased by 1.2 percent to 61.1, according to the Institute for Supply Management. However, concern regarding the semiconductor shortage reached its highest level so far this year, said…

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