I have always strongly recommended folks should get out and support your community by being on a nonprofit board. It’s great for you physically and mentally, wonderful for your company brand as a representative, and in most cases you will make a difference. When you join, most nonprofits will share a list of things you…
Two months ago, Phil Gallagher re-joined Avnet—his employer for 32 years – after leaving Avnet and spending a year with specialty distributor TTI Inc. Gallagher, who was named president of Avnet’s Core Distribution business in April, returned to a different company than the one he left. Most significantly, Avnet has a new CEO; sold its…
High-tech companies are developing leading-edge solutions to improve a variety of functions in logistics—a complex web of freight movers, third-party logistics companies and parcel delivery services. Here are a handful of companies that have recently launched logistics-related products and services: Freightos has developed an online marketplace that gives importers and exporters on-demand access to global freight services. Freight forwarders,…
By most accounts, 2017 is shaping up as a good year for component sales. Data from the ECIA, gathered from its distributor members; and the world’s largest global distributor, Arrow Electronics Inc., point to an uptick in demand for the first quarter of 2017. The ECIA reported its Q4 book-to-bill (btb) ratio was 1.05; Arrow…
U.S. manufacturing has been on a bumpy ride for the last five months: The Institute for Supply Management (ISM) has reported industry contraction since October 2015. The pace of contraction slowed a bit in February and is inching closer to a level of 50.0, the demarcation line between growth and contraction on the ISM index.…
Although the growth of the Internet has been fairly constant over many years, it has in fact been driven by profound changes in usage patterns. One such change was the advent of social technology platforms like Facebook, LinkedIn and WeChat that for the first time have brought shared identities and interactions to the public web.…