digital transformation, supply chain, predictions

10 Global Supply Chain Predictions for 2019

The electronics supply chain, for the past year, has been marked by component shortages, lead-time extensions and tariff uncertainties. Nevertheless, it’s been a good year for component manufacturers and distributors—many of which have reported record quarterly sales during 2018. In 2019, IDC projects, the supply chain writ large is poised to transition from a cost…

IDC’s 10 Supply Chain Predictions for 2018

The supply chain is undergoing major changes as the manufacturing sector ramps up its effort to adopt new capabilities and technologies around advanced analytics, cloud networking, the internet of things (IoT), and blockchain. The supply chain’s core goals of improving productivity, quality, service and cost efficiency remain unchanged. However, what is shifting is how these…

Jaggaer - digital procurement survey

Are You Ready for Digital Procurement?

The answer is not yet, according to a new survey released by JAGGAER in cooperation with the Austrian Association for Supply Chain Management, Procurement and Logistics (BMÖ). Although the survey finds a majority of companies wary of using the newest technologies, including blockchain, robotic process automation (RPA), and digital assistants/chatbots in their procurement organizations, they…

IFS IoT and digital transformation

A Case for IoT and ERP Integration in Industrial Manufacturing

A new IFS study indicates that a lack of integration between the internet of things (IoT) and enterprise resource planning (ERP) systems negatively impacts the readiness of North American industrial companies in their digital transformation. A key finding revealed that only 16 percent of industrial companies use IoT data in ERP software. Companies across many…

Master Targets Digital Transformation with New Partnership

Master Electronics announces a strategic engagement with Tony Harris, founder of THINC B2B Holdings (THINC B2B, LLC & B2B Global Media), who has over a decade of leadership in digital transformation and disruptive omnichannel marketing. Harris has a background in communications, global e-commerce, and demand generation through THINCB2B and previously at Digi-Key Electronics. Harris will…

C&K: Accelerating its Digital Transformation

C&K hires new CMO to help drive its digital transformation strategy to better support its customers and distribution partners. Electronic component manufacturers are starting to transform their businesses through digital technologies to drive growth and improve operational efficiencies and relationships internally and with customers and partners. C&K, a nearly 90-year-old manufacturer of electromechanical switches, is…

Survey: Execs Not Happy With Digital Supply Chains

The interdependency of the electronics supply chain may be hampering companies’ efforts toward digital transformation, research finds. While 75 percent of executives in the manufacturing and retail supply chains say a digital strategy is very important for their business, only five percent are satisfied with progress so far. There are two levels of digital transformation occurring among…