How an AI-Applied Supply Chain Enables Efficiency

Today’s supply chains are laden with inefficiencies, as most companies rely on antiquated practices to oversee and manage how goods get from place to place. The supply chain is delicate — even one disruption among suppliers, buyers, and logistics providers can have a trickle-down effect that causes waste, time loss, and increased carbon emissions. With…

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PEI-Genesis and Positronic Expand Relationship

PEI-Genesis, a leading provider of custom-engineered connector and cable interconnect solutions, has extended its partnership with global connector manufacturer Positronic across Europe and Africa. The expansion comes after considerable demand from customers in these regions. As of June 25, 2021, engineers in Africa and Europe can benefit from PEI-Genesis’s value-add service of Positronic connectors. This…

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3 Tips for Making Supply Chain Management More Sustainable

Sustainability is often little more than a buzzword in modern supply chain management. Multinational corporations set sustainability standards and try to follow them, but the issue of maintaining them across a supply chain can be difficult. True sustainability is a concept built upon three pillars: environments, economics, and people. When supply chain management fails, negative…

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Avnet Announces Preliminary Results for Q4 FY 2021

Avnet, Inc. (Nasdaq: AVT) today announced preliminary, unaudited results for fourth quarter sales, operating margins, and earnings per share. Sales and earnings per share will exceed the high end of previous guidance. Commenting on today’s announcement, Avnet Chief Executive Officer Phil Gallagher stated, “Strong quarter-over-quarter sales growth in EMEA, Asia and Farnell, and continued operating…

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Preparing the Supply Chain for Severe Weather Events

Supply chain and logistics professionals must increasingly prepare for the impact of severe weather events on operations as many scientists agree that climate change will only worsen dangerous weather. Semiconductor companies are still recovering from snowstorms in Texas, and Germany is reeling from devastating floods. Here are five practical ways to minimize the impact of…

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