Your organization runs a tight ship, building profit by taking advantage of operational efficiencies borne from technological innovations. Thanks to IoT and RFID, you now track products from the point of origin to the point of consumption. So how can you leverage your company’s WAN to optimize your supply chain management? Deploying efficient global supply…
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“Digitization” is, like “resilience,” the new mantra for the supply chain. Digital applications range from automated paperwork to complex networks that provide end-to-end visibility of global supply and manufacturing operations. Digitized systems work across geographies and products to provide real-time data on inventory, delays, disruptions and resolutions to manufacturing sites and supply-chain partners. Interconnected supply…
DetailsTTI, Inc. a leading specialty distributor of electronic components, announces the company is marking a significant milestone celebration this year as the company honors its 50-year legacy as the specialty distributor of choice for military, industrial, transportation and medical electronics manufacturers worldwide. In 1971, founder, Paul Andrews began selling resistors, the parts he had identified…
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The labor shortage is fast becoming the next significant problem for the supply chain. Many frontline warehouse employees fall into the category of shift workers who have yet to return to the workforce, even as the economy bounces back, and the demand for workers still continues to climb. While these critical jobs remain difficult to fill, employers are focusing on optimizing…
DetailsArrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2021 sales of $8.39 billion, an increase of 31 percent from sales of $6.38 billion in the first quarter of 2020. First-quarter net income was $206 million, or $2.72 per share on a diluted basis, compared with a net income of $50 million, or $0.61 per share on…
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Electronics sales are predicted to rebound from a down 2020, with Statista estimating the global electronics industry will grow by around six percent in 2021, led by the Asian and American markets. Shopping, already moving heavily towards e-commerce, was fundamentally altered by the Covid-19 pandemic in ways that will likely endure and combined with increased…
DetailsInfinite Electronics, a leading global supplier of electronic components serving the urgent needs of engineers through a family of highly-recognized and trusted brands, today announced that it has added EPI Vietnam as a distributor covering all of Vietnam. EPI Vietnam Technologies Co., Ltd was founded in 2013 with a vision to be a market leader in…
DetailsRichardson Electronics, Ltd. (NASDAQ: RELL) announced today an exclusive manufacturing and global distribution agreement with Battery Street Energy (BSE) to manufacture ultracapacitor-based engine start modules for use in various markets and applications including the wireless telecom industry and in critical facilities. In collaboration with BSE, Richardson Electronics will be manufacturing these modules using BSE’s patent-pending…
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IC Insights is currently assembling its 1Q21 top-25 semiconductor supplier ranking, which includes company sales forecasts for 2Q21. Intel was locked in as the world’s top semiconductor manufacturer from 1993 through 2016. However, after nearly a quarter of a century, the semiconductor industry saw a new #1 supplier beginning in 2017 when the memory market…
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Labor and supply constraints continue to limit U.S. manufacturing momentum even as demand remains robust. The nation’s leading factory index, the PMI, declined 4 percent in April, but depleted customer inventories and increasing factory backlogs bode well for the long-term health of the industry. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising…
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