Supply chains are difficult to manage and understand. When looking for improvements — particularly in challenging and continually changing aspects like obsolescence management we often look to new solutions or to push responsibility to partners … but the most neglected and simplest way to make effective change is to communicate. This October in Dallas, we’ll…
DetailsSupplyframe announced today a definitive agreement to acquire SamacSys, the world’s leading provider of 2D and 3D CAD models for the electronics industry. This acquisition will combine SamacSys’s libraries of schematic symbols, PCB footprints and component 3D models with Supplyframe’s global offering in engineering resources such as component search engines, supply chain software tools and…
DetailsHeilind Electronics, a leading distributor of electronic components, has added All Sensors Corporation (an Amphenol Company), a leading manufacturer of high-accuracy MEMS piezoresistive low and ultra-low pressure sensors and pressure transducers. As an authorized distributor of All Sensors products, Heilind expands its growing portfolio of sensor products to include pressure sensors, with emphasis on low…
DetailsMolex has announced the grand opening of a new research and development (R&D) facility in Bridgewater, New Jersey. The building completion represents a significant investment by Molex in the future of optical wavelength solutions for telecommunications networks. Bridgewater Township Mayor Dan Hayes, Kathleen Coviello, vice president of technologies and life sciences investments, New Jersey Economic…
DetailsLeading global technology solutions provider Avnet (Nasdaq: AVT) has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Ariz. The designation reduces tariff recovery fees for its international customers as well as for domestic customers shipping abroad. Foreign-Trade Zone authorization also increases…
DetailsGlobal technology provider Arrow Electronics today announced a distribution agreement with Teltonika, a Lithuania-based IoT solutions provider with a 20-year track record, covering Europe, Middle East and Africa (EMEA). Teltonika`s products address industrial communication, asset and personnel tracking, and mobile machine-to-machine (M2M) communication. Teltonika offers a broad range of IoT-related solutions and has more than…
DetailsNewark, the Development Distributor, is expanding its range of switches and relays, offering same-day shipping for over 25,000 products and on demand access to over 85,000 products, to further help engineers reduce time to market. Additions include products from EAO, NKK, Omron, and TE Connectivity. These new additions to the Newark portfolio, supporting industrial applications,…
DetailsThe Responsible Business Alliance (RBA), on behalf of its Responsible Minerals Initiative (RMI), and the International Copper Association, Ltd. (ICA), have signed a memorandum of understanding to jointly advance the responsible production and trade of copper. The RMI and ICA aim to harmonize expectations for responsible practices in the copper value chain by applying existing…
DetailsAvnet, Inc. (Nasdaq: AVT) today announced results for the fourth quarter and fiscal year ended June 29, 2019. Fiscal Fourth Quarter Key Financial Metrics Sales of $4.7 billion, which were in line with guidance, declined 7.5% from a year ago and 0.4% from the prior quarter. Sales guidance for the fiscal fourth quarter anticipated lower-than-historical…
DetailsCloudleaf, Inc., an emerging leader in digital supply chain solutions, today announced that it has secured $26 million in Series B funding to drive market expansion of its Supply Chain Digital Visibility Platform, which brings unprecedented visibility, efficiency and responsiveness to supply chains in any industry. The round was led by Intel Capital and WRVI…
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