Digi-Key Electronics, a global electronic components distributor, today introduced online shipment scheduling for the U.S. market, allowing registered users to schedule orders up to a year in advance. There is no minimum order amount, and any quantity can be scheduled across multiple dates from a single order. “We heard from customers that they wanted to…
DetailsAs companies around the world look to their next phase of operations in an ever-changing world, PEI-Genesis, a global leader in the design and assembly of custom engineered connectors and cable solutions, has promoted Peter Austin to Executive Vice President and Chief Operating Officer (COO), effective immediately, as announced today by Steven Fisher, the company’s…
DetailsECIA’s three Councils are pleased to announce new members. ECIA is structured into three Councils reporting directly to the Board of Directors. The Distributor, Manufacturer and Independent Manufacturers’ Reps Councils are made up of 12 members and have oversight responsibility for each constituency’s specific priorities and agenda items. Alan Ahern is the Chair of the…
DetailsA host of digital innovations address the growing pressure to increase overall efficiencies and minimize risks within a rapidly evolving supply chain. Supply chain risks have been making headlines recently with the disruptions caused by the coronavirus. In its new report, “The Digital Transformation of Supply Chain,” Lux Research categorizes the supply chain into six…
DetailsArrow Electronics, Inc. today reported first-quarter 2020 sales of $6.38 billion, a decrease of 11 percent from sales of $7.16 billion in the first quarter of 2019. First-quarter sales, as adjusted, decreased 9 percent year over year. First-quarter net income of $50 million, or $.61 per share on a diluted basis, compared with net income…
DetailsDale Lillard, President, Lansdale Semiconductor, Inc., recently announced that the company was honored for the seventh consecutive year by Raytheon Integrated Defense Systems for Supplier Excellence. This year, Lansdale achieved Raytheon’s highest 5 Star Award for the second time in two years. Raytheon’s Integrated Defense Systems business instituted the annual Supplier Excellence Awards program to…
DetailsAllied Electronics & Automation has added more trusted suppliers to its 300-strong network, including Baldor-Reliance, SCHNEEBERGER, and IKO International. Products from these brands are available now for shipping to the United States, Canada and Mexico through the Allied website, www.alliedelec.com. With more than 3 million products available online, Allied continues to put its customer experience…
DetailsAvnet, Inc. (Nasdaq: AVT) today announced results for its third fiscal quarter ended March 28, 2020. Third Quarter Key Financial Highlights: Sales of $4.3 billion compared with $4.7 billion a year ago. GAAP diluted loss per share from continuing operations of $1.29, compared with EPS of $0.87 a year ago. Non-GAAP adjusted diluted EPS of…
DetailsThe Responsible Minerals Initiative (RMI) and RCS Global Group (RCS Global) have announced a new strategic partnership to scale their existing efforts to drive continual improvements in the production of artisanal and small-scale mining (ASM) cobalt in the Democratic Republic of the Congo (DRC). Implemented since 2018, RCS Global’s Better Mining program has generated strong…
DetailsAllied Electronics & Automation is bolstering its terminal block and synchronous drive application product offerings by adding a full suite of products from Amphenol–Anytek and B&B Manufacturing. The company has also added LOVATO Electric, nVent CADDY and nVent ERICO as trusted suppliers to increase its electrical application and installation offerings. These companies enhance the Allied…
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